News / Containership earnings bonanza continues in the red hot charter market

The charter market just keeps getting better and better for non-operating containership owners, with record daily hire rates turbo-charging the value of their assets.

Yesterday during a company update investor call, MPC Container Ships (MPCC) CEO Constantin Baack said 2022 had started “even stronger” for the charter market than it finished in December.

Mr Baack said there was strong evidence of long-term structural changes in the containership charter sector, which had moved from a ‘spot’ 6-12 month market to a ‘forward’ one, ...