News / 'The sky's the limit' for charter rates – that's if you can find a ship

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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 ...