Gemini carriers cut back port calls on challenging southern India trade
Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd, ...
Photo: VesselFinder
By Alison Koo
Maersk Line is being forced to pay a premium to secure scarce chartered tonnage for the Gemini Cooperation.
The Danish carrier is paying $100,000 a day to charter Sinokor Merchant Marine’s 2024-built 8,030 teu Manzanillo Bridge for two to three months, according to Linerlytica.
The vessel has just finished a three-month charter to MSC – notably, Maersk is paying $10,000 per day more than MSC.
Taiwanese operator TS Lines has chartered its newly built 7,000 teu TS Hongkong to Maersk for $99,750/day for ...
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