Tag: charter market
Demand For Smaller Ships Boosts Charter Market
The number of newbuild ultra-large container vessels (ULCVs) temporarily idled off the Chinese coast is growing with Asia-Europe carriers forced to halt plans to...
Conversions And Charter Extensions for Bulk Santiago And Bulk Shenzhen
Following the fixed rate charter period, both time charters have been extended with 8-13 months index-linked charters.
For Q1 2023, 2020 Bulkers has...
No Mercy for Ocean Carriers Desperate for Tonnage
availability of open container tonnage on the charter market tightened further
Desperate ocean carriers are forced to forward fix ships six months or...
Charter Rates Escalate Amid Frenzied Spending in Containership Market
Ocean carriers have sucked dry the S&P containership market, outbidding one another to acquire tonnage to insulate themselves from skyrocketing daily charter rates, reports...
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...
Demand Surge in Container Shipping Depletes Charter Market
The unexpected demand recovery in the container shipping sector driven primarily by the US-based demand surge has seen the charter market depleted of available...
MSC on ‘Massive Buying Spree’ Amid Surging Charter Rates
Containership S&P activities dominate the week’s transactions with many ships changing hands, and freight and charter rates surging.
Mediterranean Shipping has embarked on...
Charter Market Sees Massive Growth and Expansion as Hire Rate Peaks
The strength of demand for tonnage from the liners has resulted in daily hire rates of up to $20,000 a day, nearly 200%...
MSC 11-Vessel Raid on Long Time Charters
MSC takes advantage of the depressed charter market agreeing to snap up eleven 8,000-8,800 teu utility vessels on long-term charters at discounted rates.
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No Vessels To Carry Tonnage, Charter Market Suffers Extreme Condition
The coronavirus is impacting the boxship market like never before, reports the LoadStar.
With the major east-west liner tradelanes grinding to a halt due to...