A substantial spike in daily hire rates for post-panamax containerships will hurt ocean carriers with the highest percentage of chartered-in tonnage. 
Moreover, the weaker carriers are finding themselves at the mercy of containership owners that are once again able to dictate terms, adding further pressure to their P&L accounts. 
According to Greek containership owner Costamare, rates for six to 12–month charters on vessels larger than 6,800 teu have soared by more than 30% this year. 
During its earnings call on Monday, Costamare, which operates …

The post Carriers hit by rising charter rates as shipowners cash in on demand for tonnage appeared first on The Loadstar.

Source: The Loadstar