Where will the freighters go as capacity shifts from tariff-hit China-US lane?
Cargo airlines are scrabbling to find new markets as capacity becomes available following the end ...
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By Mike Wackett
The extent of the decline in containership time charter hire rates in the past 10 years has been highlighted again with the sub-let of a trio of surplus panamax ships by APL, the loss-making container arm of Singapore’s Neptune Orient Lines.
According to analyst Alphaliner’s latest charter market report, P3 members MSC and CMA CGM have taken advantage of the depressed market and sub-chartered the 4,700teu sister ships APL Atlanta, APL Los Angeles and APL Denver for 11 months, with a ...
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