Transpacific contract rates rise on Trump’s fickle policies
Shippers exasperated with the constant flip-flops in the Trump administration’s trade policy have agreed to ...
Photo: © Philippilosian Dreamstime.com
By Mike Wackett
Yang Ming has sub-let one of the quintet of 12,690 teu vessels it took on a 10-year charter in 2020-21 to rival ocean carrier Maersk.
According to broker reports, Maersk will take charge of the Costamare-owned vessel in Q1 or Q2 next year for 12 months, at a daily rate of $57,000.
The fixture is the latest example of activity in the sub-let charter market for this size of vessel, in strong demand for the more ...
Comment on this article