News / Chinese coastal box ships set course for Russia and Red Sea trades

Photo: VesselFinder

Operators focused on providing liner services to Russia and the Red Sea are chartering box ships that were originally plying Chinese domestic routes to fulfill their tonnage requirements.

According to consultancy Linerlytica, Russia-focused operators OVP Shipping, Safetrans Line and Transit recently chartered the newly built 2,070 teu De Xin Shang Hai, 2,754 teu Xin Yong Chang 27 and the 1,660 teu Xiang Yuan He Run, respectively.

De Xin Shang Hai, belonging to Jiangxi Dexin, was fixed for $25,000 per day for a ...