Gloomy outlook for container charter market as cautious carriers cut capacity

Containership charter rates are “stable but depressed”, according to London shipbroker Braemar ACM.
A weakening of post-peak season forward demand and ocean carriers cancelling service upgrades has resulted in fewer enquiries according to a broker source.
“We would normally expect it to be a bit busier on our container desk by now,” one broker told The Loadstar.
“This year, September has been quite flat for cargo so far and owners are beginning to get …

The post Gloomy outlook for container charter market as cautious carriers cut capacity appeared first on The Loadstar.

Source: The Loadstar

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