Containership Charter Rate Skyrockets

Ocean carriers are becoming increasingly confident that freight rates will remain high for years, chartering ships for at elevated daily hire rates not seen for 16 years.

Maersk has just fixed a trio of 4,600 TEU vessels for periods of over two years $35,000 per day, joining its 2M partner and rival MSC in a “fixing spree”, agreeing to charter the 4,253 TEU Xiamen and 4,252 TEU Nagoya Tower – from UK-based Zodiac Maritime for periods of 30 months at $32,000 per day.

The Xiamen was previously achieving just $9,100 a day on charter to another carrier, while Maersk previously had the Nagoya Tower on hire last July for two months at $8,950 per day.


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