'Think again' call – China ship fee would double US export costs
US exporters are facing a doubling of costs should the Trump administration proceed with plans ...
OOCL is to charter the six 13,600 teu ships Seaspan ordered from Hudong-Zhonghua Shipbuilding last Friday.
Hong Kong-based OOCL, through its holding company Orient Overseas International, said yesterday the charter would be for 15 years from delivery, expected between late 2026 and mid-2028.
Cumulative charter payments of CNY11.2bn ($1.57bn) will be made over the 15 years, equating to a daily hire of approximately $47,800 per vessel.
Comparing this with other recently concluded charter deals, OOCL ...
MSC port arm to buy Hutchison ports including Panama and Felixstowe
Carriers put on a brave face amid further decline in ocean spot rates
'Think again' call – China ship fee would double US export costs
Expect a shift in airfreight market as ecommerce changes tack
K+N 'still number-one' in air and ocean – but it's not all good news
US Chinese ship penalties will hit transatlantic trade hardest – Soren Toft
Liners cut long-haul sailings, but 'it won't be enough' to stop rates tumbling
Comment on this article