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Global containerized goods demand to outpace supply through 2021, into 2022: ZIM

Global containerized goods demand to outpace supply through 2021, into 2022: ZIM
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Container ship charter rates continue upward momentum as tonnage markets run dry


Container ship charter rates continue upward momentum as tonnage markets run dry
Container vessel time charter rates have risen to 10-year highs amid an ongoing bull run in container freight markets, according to an index published by German ship broker Harper Petersen & Co.
Time charter rates for a ship with a capacity of 8,500 twenty-foot equivalent units (TEU) registered at $54,000/d on April 23, the highest assessment in more than 10 years.
This represents a 151% increase over the year-ago assessment, when the chartering cost for an 8,500 TEU ship was $21,500/d.
Charter rates hit multi-year lows in 2020 as bleak carrier outlook brought on by the coronavirus pandemic began to be felt. At that time, many carriers opted to return chartered vessels early in the hopes of recouping some of the leasing costs, ballooning the global idle fleet. ....

Harper Petersen Co , Harper Petersen , Platts Global Container Index , ஹார்பர் பீட்டர்சன் இணை , ஹார்பர் பீட்டர்சன் ,