VLCS

Boxship Inactivity Leads To Increase in Charter Activity

  • Inactive boxship has peaked, and there has been a sudden uptick in chartering activity.
  • It has decreased by 110,000 teu to 521 ships totalling 2.61m teu.
  • This downward trend will continue in the foreseeable future.
  • Carriers progressively resume suspended services and reinstate selected sailings initially planned to be blanked.
  • Demand for VLCS units of 7,500 teu and over entirely vanished at the peak of the COVID-19 crisis.

According to an article published in Splash 247 and authored by Sam...

https://mfame.guru/boxship-inactivity-leads-to-increase-in-charter-activity/