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News / Container charter market goes 'from boom to bust' in four months

idle ships © Eq Roy
Photo: © Eq Roy
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Ocean carriers are scrambling to cut costs as the demand for liner services continues to plummet, and the off-hiring of chartered tonnage is top of their agenda.

Hapag-Lloyd chief executive Rolf Habben Jansen said yesterday that the carrier would return a further “small double-digit number” of ...

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  • Randy

    May 09, 2020 at 2:54 pm

    Huge problems caused by the Covid virus. Warehouses around the world are filling up and running out of space. We need to find a way to get goods out of warehouses and in to stores. Hopefully things will be back to normal in the next few months. Service companies that supply labor to warehouses are struggling to supply labor as well.

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Topics

Charter parties CMA CGM Hapag-Lloyd MSC ONE