Following a period of historically high freight rates, the container sector is now experiencing a correction. The container freight market is said to have peaked, as demand concerns linked to the health of the global economy have dulled sentiment somewhat. This has led to reduced demand across the container sector, easing port congestion across Chinese and American ports and consequently softening charter rates.
Vessels value’s Panamax (4,250 TEU) one year time charter rates peaked at...
https://container-news.com/whats-happening-in-the-container-market/