Shipping lines are sub-letting tonnage to profit from firm charter market
Charter rates continue to defy the freight market, with HMM sub-letting a chartered vessel to ...
Container lines should follow the example of Maersk Line and negotiate deferring new vessel deliveries.
Analyst Drewry says that with 1.6m teu of newbuild capacity scheduled for delivery this year, it would help counter the industry’s chronic over-tonnage.
“To ensure that the nascent recovery of the market is not scuppered, carriers ...
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