Carriers could correct charter market boom
A charter market correction could be looming amid the deterioration in spot rates. Citing the ...
Owners of feeder vessels are set to benefit from “market disruption” ahead of IMO 2020, with a “significant upside” on charter rates for ships fitted with exhaust gas cleaning systems (scrubbers).
Speaking during the MPC Container Ships Q3 earnings call, chief executive Constantin Baack said the company had concluded “favourable” long-term charters for six ships due to be fitted with scrubbers, and was talking with a number of other container lines about “scrubber-linked charters” for some 20 more of its 69-strong fleet.
MPC ...
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