Box ship charter market branded 'bizarre'

摘要

Liner companies' demand for bigger and more fuel-efficient ships is creating new realities for the charter market. As several tonnage providers' ships are older and mid-sized, they find it hard to enjoy any upturn in box freight rates due to lower demand for their ships. At the Marine Money Asia Week conference in Singapore on 25-26 September, Rickmers Maritime Trust CEO Thomas Preben Hansen said: "It's a very bizarre scenario. At the moment, indeed, it's not a normal market."