Disconnect: time-charters and the freight market
Time to jump off?
Containership owner Global Ship Lease (GSL) has announced the five-year charters of two sister 8,667 teu post-panamax vessels to MSC.
The carrier is continuing to snap up any large tonnage that comes on the market to cover its large scrubber installation programme that will see a substantial number of its ships out of service before the IMO 2020 regulations come into force.
The fixture of the 2004- and 2005-built ex-OOCL-owned ships will commence on completion of their current charters at the end ...
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