- Euroseas Shipping, a Greece-based non-operating owner (NOO), acquired the ship for just $10m in December 2019
- When the freight market went sharply into reverse, average daily hire rates for panamax containerships slumped to about $20,000 a day.
- With ocean carriers starting to lay-up their chartered-in vessels, Synergy Oakland has been ‘awaiting orders’ at anchor off Ningbo since 19 December.
Just 12 months ago, the 2009-built 4,253 teu Synergy Oakland was...
https://mfame.guru/idle-tonnage-fleet-set-to-soar-next-year-as-charter-rates-tumble/