News / Blow to charter market as Hanjin returns push idle container fleet to new high

10/11/2016

Sixty container vessels returned to owners by bankrupt Hanjin Shipping, yet to find new employment, havre pushed the idled container fleet to a new all-time record.

It now comprises 397 ships, amounting to 1.59m teu and equivalent 7.8% of the world’s cellular tonnage.

The containership charter market “remains in dire straits”, states ...

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