Charter rates for sub-Panamax container ships start falling
Fixing in the container vessel charter market is turning patchier as summer draws near, with hire rates for ships with capacities of 2,500–3,000 twenty-foot equivalent units declining in particular. Rates for gearless 2,700–2,800 TEU ships, which remain popular for the growing intra-Asia trade, continued to erode last week when reports…
Charter rates for sub-Panamax container ships start falling
Journal of Commerce