Shipowners show ocean carriers desperate for tonnage ‘no mercy’

The availability of open container tonnage on the charter market tightened further in the first week of the year.
Desperate ocean carriers are forced to forward fix ships six months or more in advance, for periods of three to five years.
According to Maersk Broker, containership owners are weighing up their options, either to accept multi-year charters at highly elevated daily hire rates, or hold out “with the expectation that the market …

The post Shipowners show ocean carriers desperate for...

https://theloadstar.com/shipowners-show-ocean-carriers-desperate-for-tonnage-no-mercy/

Boxship Demolitions Abandoned Amid Spike in Freight Rates

Containership demolition virtually dried up in December as shipowners and carriers deployed all available tonnage to meet surging demand across trades, says an article published in the loadstar.

Huge spikes in Ocean freight rates

Huge spikes in ocean freight rates in the second half of last year and corresponding hikes in charter hire rates enabled previously uneconomic smaller containerships to become sought-after by carriers desperate to plug gaps in their networks and take advantage of the...

https://mfame.guru/boxship-demolitions-abandoned-amid-spike-in-freight-rates/

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