The box ship charter market is continuing its bull run, with daily hire rates in some sectors now “out of control”, according to Alphaliner.
“Charter rates continue to rise for all sizes of ships, amid a persistently strong demand,” said the consultant.
It said short charters in the panamax sector were at “unprecedented levels”, citing a recent fixture for a 5,000 teu unit for an 80-day employment reportedly done at between $100,000 …

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Source: The Loadstar