Spot freight rates are easing, but in a sign of resilience, container-ship charter rates remain near all-time highs.
Charter rates hold steady at their peak as the seemingly neverending container shipping boom continues.
It’s not what the company typically does but “this market has created a lot of unique situations,” says SEKO exec.
Danaos expects in 2020 container trade demand growth will outpace supply growth for the first time in almost 10 years.
Time-charter rates can offer a clearer view on future sentiment than headline-grabbing spot rates.
