Disconnect: time-charters and the freight market
Time to jump off?
Maersk’s fleet replacement programme took a step toward completion this morning when it revealed it had ordered 20 new containerships.
The orders, placed with three Chinese and South Korean shipyards, will see the “fleet renewal” project finalised when the vessels are delivered between 2028 and 2030.
In August, Maersk unveiled plans to acquire another 800,000 teu in vessel capacity, through a combination of owned ships and long-term charters.
“Maersk has now finalised these charter contracts across several tonnage providers”, it said, adding that ...
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