Containership owners that have ships with expiring deals are having their heads turned by the vast sums being offered for short-term charters.
And, according to one Hamburg-based broker, the boxship charter market is “in danger of eating itself” in the “craziest market I have ever seen”.
Several non-operating owners (NOOs) are using scheduled dry dockings and any slack time between charters to fix small containerships with eager charterers at astronomical hire rates …
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Source: The Loadstar