Containership Charter Market Witnesses A ‘Tumultuous’ Year

Containership time-charter markets have, with few exceptions, experienced a rollercoaster ride since the start of 2020.
Starting with where the recovery has been strongest, among midsize and larger assets, there are several clear drivers of the strong markets seen over the past month.
Liner companies were clearly incentivised to capitalise on high spot freight rates as much possible during the recent transpacific import surge.
Units chartered for short durations during the transpacific import...