Record Charter Rate Highlights Extreme Vessel Shortage, says an article on Freight waves.
$135,000 per day for short-term charterIn a sign of just how frenzied the container market has become, a freight forwarder is reportedly paying $135,000 per day for a short-term charter of the S Santiago, a 15-year-old container ship with a capacity of 5,060 twenty-foot equivalent units (TEUs).
“Charter rates for short employment … have gone out of control,” said Alphaliner in its new weekly report.
“Depending...
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