Charter market still heated, lack of open tonnage keeping rates high
Some VOCCs [vessel-operating common carriers] appear to be “shifting strategies” for ship acquisition in response ...
Photo: © Chris Van Lennep |
Dreamstime.com
By Mike Wackett
The prospect of new employment for smaller containerships with expiring charters is deteriorating at pace, with owners now facing the prospect of lengthy idle periods for their tonnage.
Moreover, open tonnage lists are being swelled by sub-lets, where long-term charterers of surplus vessels endeavour to mitigate ...
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