With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered ships to secure tonnage and grab market share.
According to Greek-based containership non-operating owner Danaos Corporation’s CEO, John Coustas, current market rates are “phenomenal”.
He said Danaos had recently refixed seven vessels with carriers for 12-month periods or longer at considerably higher rates than last done.
“Ships coming off charters in the range of …

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Source: The Loadstar