News / Liners pay the price as smaller owners exploit demand for charter tonnage

Zhong Gu Shan Dong vesselfinder
Zhong Gu Shan Dong Photo: VesselFinder
By

French carrier CMA CGM is reportedly paying $80,000 a day to charter one of TS Lines’ newly built 7,000 teu ships for three months.

The fixture of the TS Dubai, recently delivered from Shanghai Waigaoqiao Shipbuilding, set a new rate benchmark – in normal times, it ...

Daily News from £12 / mo  ·  includes Daily News
Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Forgot?

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    charter rates CMA CGM Hapag-Lloyd SeaLead TS Lines