![]() ![]() Half a year later the CMA CGM Jamaica 4,298 TEU Panamax was fixed for 60 months, but only at 39,000 USD/Day. ![]() For example, at the beginning of the year the 4,254 TEU Panamax Vela was fixed in February for 60 months at 43,250 USD/Day. However, by the end of September rates had nearly halved, falling to 51,000 USD/day. VesselsValue’s Panamax (4,250 TEU) one year time charter rates peaked at 99,000 USD/day in March this year. This has led to reduced demand across the Container sector, easing port congestion across Chinese and American ports and consequently softening charter rates. The Container freight market is said to have peaked, as demand concerns linked to the health of the global economy have dulled sentiment somewhat. Following a period of historically high freight rates, the Container sector is now experiencing a correction.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |