Ultra large box ships and the distorted shipping cycle
Received wisdom – are the wheels coming off?
Containership owners are instructing their brokers not to entertain fixture offers of less than 12 months, and some are insisting on minimum two-year charters.
The charter market boxship boom that began in the larger sizes has filtered through to the smallest sectors, with Alphaliner reporting on several 24-month employments for vessels under 1,000 teu.
The consultant noted the new fixture of the 803 teu Jork Ruler by Peel Ports-owned feeder operator BG Freight, at €8,250 per day for 24 months – a ...
MSC Elsa 3 sinking – now the 'blame game' begins
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
Bad news for shippers as wave of transpacific rate increases continues
Houthis claim Red Sea safe for box ships not calling at port of Haifa
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
No deals with carriers, say Houthis – Red Sea safe for non Israel-affiliated ships
Schenker's Shirley Sharma Paterson moves to K+N as global head of sales
Comment on this article