News / Cosco leads the final charge in carrier hunt for any tonnage to charter

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As the containership charter market begins 12 to 24 months of virtually zero tonnage availability, ocean carriers are on a last-ditch mission to charter new vessels.

But at the same time, they are anxious to protect ships they already have fixed from the interest of aggressive rivals by proactively opening extension negotiations early.

MSC, CMA CGM and Zim have been joined by Cosco in trying to turn the heads of shipowners with substantial daily hire offers for 36-month periods.

According to Alphaliner data, ...