Maersk splashes out on more chartered tonnage for Gemini
Maersk Line continues to pay top dollar to secure tonnage for the Gemini Cooperation’s intra-Asia ...
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By Mike Wackett
Owners of smaller containerships are now settling for much shorter charters and reduced daily hire rates as the market continues to soften.
The ’normalisation’ of the sector will be of great assistance to shortsea and feeder operators, which require flexibility in their operating fleets to meet demand peaks and troughs.
Feeder operators in particular will be relieved. One contact told The Loadstar it had been “feast or famine” this year for its liner feeder services.
“One week we have a lot of volume to ...
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