MSC is the quickest carrier to take advantage of the depressed charter market, agreeing to snap up eleven 8,000-8,800 teu utility vessels on long-term charters at discounted rates.
The charters, to cover a demand uptick, have been agreed at daily hire rates of less than half the $29,000 fixtures made prior to the pandemic.
“MSC is used to embarking on fixing campaigns when charter markets reach a low. This time is no …
The post MSC quick off the mark in 11-vessel raid on depressed charter market appeared first on The Loadstar.
Source: The Loadstar
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