Charter market back on its knees

摘要

The year 2015 started with high hopes but ends in despair for the tramp/ non-operating container ship community. With tonnage of all sizes today getting fixed at levels anywhere between 5,000 and 8,000 $/day for periods with maximum flexibility, most will feel like they have been taken on a trip back into 2009. The major drivers of the charter market collapse over the last months are all familiar by now: lacklustre global cargo growth in the very low single digits, rapid deliveries of ultra large newbuild-ings to the trading fleet and only mod- est growth expectations for transport demand going forward.