Charter market capacity crunch will put a dent in carrier profitability

Containership charter rates are at a 30-month high on the back of strong demand, and Alphaliner is predicting an “impending capacity crunch”.
This will come in most vessel sizes as carriers return to full sailings after the Chinese new year, it says.
The container lines are preparing to launch a number of new services, which the consultant said was “expected to take out most of the idle capacity in the coming month”.
Despite a …

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Source: The Loadstar

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