News / Container charter market goes 'from one extreme to the other' as enquiries dry up

The Danaos-owned CMA CGM Rabelais © Atgimages

With the major east-west liner tradelanes grinding to a halt due to the impact of coronavirus on manufacturing and transport, in China the box ship charter market is starting to feel the pinch.

According to the latest Alphaliner review, ocean carriers are endeavouring to redeliver as much tonnage as possible to owners as the number of blanked sailings increases daily.

Owned tonnage is being idled at ports around the world and carriers are being obliged to anchor some part-loaded ships in China ...