Boxship Charter

How Much Longer The Red-Hot Conditions Can Last?

There’s no let-up in the booming boxship charter scene with vessels breaking further records not just in prices paid, but also durations. Nevertheless, some analysts are beginning to question how much longer the red-hot conditions can last, reports Splash247.

Eye-Catching Recent Deal

The most eye-catching recent deal sees CMA CGM taking the 8,814 teu Northern Juvenile for a 60-month charter, with Alphaliner suggesting the French liner giant is paying $48,500 a day for the ship, which is $3,500...

https://mfame.guru/how-much-longer-the-red-hot-conditions-can-last/

Maersk Charters Last CSAV Boxships

According to an article published in Splash247, the last boxships with the prefix of CSAV, a Chilean liner brand, are set to be renamed by Maersk.

Maersk Charter

Four 8,600 teu ships – the CSAV Tyndall, CSAV Toconao, CSAV Traiguen and CSAV Trancura – controlled by Zodiac Maritime and Eastern Pacific have been sold and chartered on to Maersk for a period of in excess of 40 months. No details on the sale prices nor the charter rates have been revealed.

The first three ships have been sold to to JP...

https://mfame.guru/maersk-charters-last-csav-boxships/

Rising Charter Demand Causing Boxship Market Boom

According to a LoadStar article written by Mike Wackett, over 120 idled containerships have been reactivated since 22 June, according to Alphaliner, as green shoots of a peak season slowly emerge.

Inactive Fleet Level Decreases

As at 6 July, the consultant recorded an inactive fleet of 375 vessels with a capacity of 1.85m teu, significantly down from the 453 ships for 2.32m teu reported to be in hot and cold lay-up just two weeks earlier.

“The inactive fleet capacity level has dropped to below the...

https://mfame.guru/rising-charter-demand-causing-boxship-market-boom/