Zim's charter parties and the bunfight to come
…when freight rates go bananas
© Khunaspix Dreamstime.
By Mike Wackett
Despite a record number of Panamax ships making their final voyages to the beaches of Asian shipbreakers last year, rampant containership cascading has forced the vessel sector into the wilderness of short period charters of three months or less at sub-economic daily hire rates – ...
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