Ocean carriers are scrambling to charter larger containerships to take advantage of skyrocketing freight rates caused by a spike in demand across major tradelanes.
Handy 7,500-11,000 teu ships have been virtually ‘sold out’ since July and any tonnage that does become available is being snapped up quickly by energetic in-house carrier brokers.
“The top carriers are adopting a ‘whatever it takes’ attitude to chartering at the moment, and they really don’t seem …

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Source: The Loadstar