Zim's charter parties and the bunfight to come
…when freight rates go bananas
The survival of panamax containerships is threatened by the impact of low charter rates and industry cascading.
According to an Alphaliner review of the sector, there remain 543 classic panamaxes of 4,000-5,300 teu, of which 504 are deployed on trades across the world, 30 are laid-up and nine under repair.
At their peak ...
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