Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Forwarders are “allowing the fox into the chicken run” by supporting carriers that also work ...
ID 18481035 © Gary Blakeley | Dreamstime.com
By Mike Wackett
MSC is the quickest carrier to take 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.
The charters, to cover a demand uptick, have been agreed at daily hire rates of less than half the $29,000 fixtures made prior to the pandemic.
“MSC is used to embarking on fixing campaigns when charter markets reach a low. This time is no exception,” said Alphaliner.
While its 2M partner, Maersk, has concentrated its ...
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