Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
’A perfect storm’ of ships being taken out of service for scrubber installation and a dearth of new tonnage in all but the very biggest of container vessels has resulted in brokers reporting panamax and other smaller sectors as ‘sold out’.
Charterers are now very much on the back foot and several ocean carriers at any one time can be chasing a suitable vessel that appears ‘open’ on their screens.
One London broker told The Loadstar today that finding panamax vessels was ...
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