There are almost no container ships in the world left for liners to charter. Secondhand purchase prices are through the roof. It takes two years or more to get a newly built ship. How can liners find more capacity?
There is a way — without adding ships — for liners to move more cargo and take even greater advantage of today’s stratospheric rates: speed up.
That’s exactly what they’re doing, according to new data from VesselsValue and MarineTraffic. Container ships are moving faster despite the...
https://www.freightwaves.com/news/full-steam-ahead-why-container-ships-are-racing-across-the-pacific