Analysis: the rollercoaster ride of the charter market in 2020

Containership time-charter markets have, with few exceptions, experienced a rollercoaster ride since the start of 2020.
After a generally weak start to the year for feeder vessels and a continuation of 2019’s strong markets for mid-size and larger units, the onset of lockdowns drove a correction in vessel earnings.
Since then, however, time-charter markets have roared back into life, and vessel earnings for key benchmarks have risen at least as fast, if …

The post Analysis: the rollercoaster ride of the charter market in 2020 appeared first on The Loadstar.

Source: The Loadstar

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