Booming charter market driven by mid-sizes

The container market is on fire, according to Braemar which outlines the combination of geopolitical upheaval and market economics that is driving parts of the charter market ever upwards, with every sector in the broker’s index on the up.

Braemar’s Monday Briefing note, for 10 June, suggested that charter periods are becoming longer, even for feeder vessels of under 2,000 TEU, that were lagging behind the larger sized vessels, while the same report pointing to rumours of a “batch of 3,500 TEU...

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