News / Gloomy outlook for container charter market as cautious carriers cut capacity

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Containership charter rates are “stable but depressed”, according to London shipbroker Braemar ACM.

A weakening of post-peak season forward demand and ocean carriers cancelling service upgrades has resulted in fewer enquiries according to a broker source.

“We would normally expect it to be a bit busier on our container desk by now,” one broker told The Loadstar.

“This year, September has been quite flat for cargo so far and owners are beginning to get nervous again.”

The broker cited the main issue being with mid-size vessels, ...