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Reversal of Fortune for Box Carriers as Charter Rates Tumble

By Mike Wackett (The Loadstar) – Ocean carrier optimism is being driven by higher freight rates and cheaper fuel – but tumbling charter hire costs are proving to be the icing on their cake. According to a recent Alphaliner report, containership daily hire rates have slumped by up to 50% since the coronavirus pandemic wrecked […]

WP_Post Object ( [ID] => 226085 [post_author] => 8 [post_date] => 2020-06-23 16:33:12 [post_date_gmt] => 2020-06-23 16:33:12 [post_content] => container shippingBy Mike Wackett (The Loadstar) – Ocean carrier optimism is being driven by higher freight rates and cheaper fuel – but tumbling charter hire costs are proving to be the icing on their cake. According to a recent Alphaliner report, containership daily hire rates have slumped by up to 50% since the coronavirus pandemic wrecked […] [post_title] => Reversal of Fortune for Box Carriers as Charter Rates Tumble [post_excerpt] => By Mike Wackett (The Loadstar) – Ocean carrier optimism is being driven by higher freight rates and cheaper fuel – but tumbling charter hire costs are proving to be the icing on their cake. According to a recent Alphaliner report, containership d... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => reversal-of-fortune-for-box-carriers-as-charter-rates-tumble [to_ping] => [pinged] => [post_modified] => 2020-06-23 16:33:12 [post_modified_gmt] => 2020-06-23 16:33:12 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=140833 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )