Or there may be an extra-long peak season!
Shipping companies start chartering domestic trade container ships
Recently, the shipping market freight rates rose sharply, capacity shortage, making some routes burst, and even “a cabin is hard to find”, driving the container ship rent to two years of the market’s highest point.
In order to meet the demand for capacity, part of the international liner companies will look to China’s domestic trade container ships.
According to foreign media reports, Duffy recently leased Shishi Hengtong Shipping Co., Ltd.’s “Heng Hui 6” ship, the ship’s capacity of 5060 TEU, built in 2004, the lease period of 18 to 20 months, the daily rent of The vessel has a capacity of 5,060 TEU and was built in 2004.
X-Press Feeders has chartered a 1,912 TEU vessel, which will be built in 2019, for a period of 3 to 5 months at a daily charter rate of USD 18,000 from a well-known Chinese domestic shipping company.
At the same time, the above domestic shipping company also leased one of its 4,636TEU container vessels, which will be built in 2023, to Global Feeder Shipping for a charter period of 6 to 8 months at a daily charter rate of USD 30,000.
For the current hot container ship leasing market, industry analysts Linerlytica believe that the rise in ship rentals and charter periods reflects the current sharp rise in demand for chartering by shipping companies, but the number of ships that can be leased is limited.
Some industry insiders are optimistic that traders focus on shipping superimposed on the arrival of the peak season in the third quarter, this year is likely to show a super-long peak season, capacity continues to be tight, freight rates are expected to remain at a high level.
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Translated with DeepL.com (free version)