News / Containership owners will no longer 'pull down their pants' for the charterers

© Kjrstudio

The containership charter market could see a new spike this year, as liner operators look to redesign their networks to compensate for ships reducing speed to meet new IMO emissions regulations set for January.

This potential positive development for the charter market was highlighted by Dr John Coustas, CEO of non-operating containership owner Danaos, during the company’s Q2 earnings call this week.

Dr Coustas said the new environmental regulations were obliging ocean carriers to “redesign their operating loops with lower speeds to ...