Disconnect: time-charters and the freight market
Time to jump off?
A further 65 vessels, for a total of 155,350 teu, have found employment in the past two weeks, driving charter rates to new highs.
According to the latest Alphaliner idle tonnage report, just 163 containerships were idled as at 14 September, which includes 21 are out of service for scrubber retrofits.
At 644,293 teu – 2.7% of the global containership fleet – idle tonnage has slumped from around 1m teu just a month ago, reflecting the aggressive strategy of ocean carriers to ...
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