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News / Charter vessels 'auctioned' as war among carriers for 'any' tonnage heats up

Hapag-Lloyd ship Photo 169921692 © Wirestock Dreamstime.com
© Wirestock Dreamstime.
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Containership owners are holding “charter vessel auctions” for ships under contracts that expire next year – with new five-year fixtures going to the highest bidder.

Shipping lines’ vessel operation desks are seeing the workhorses of their fleets depleted by these vessel charter bidding events or “taken ...

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  • John Park

    December 15, 2021 at 10:52 pm

    If the lines are in a “highest bidder” wins battle – we all know what will happen next – Yep Freight rate increases –

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Alphaliner CMA CGM Hapag-Lloyd Maersk Line MSC vesselsvalue.com Wan Hai Lines