A high-profile corner of the container-ship charter market — small and medium-size vessels taken for short, multimonth rentals at mind-bogglingly high rates — has taken “a dive,” according to Alphaliner. There is a connection between the rate drop and the extreme congestion at the ports of Los Angeles and Long Beach. Short-term-chartered ships, largely operated …
The post It just got cheaper to rent a container ship — now just $125,000/day first appeared on Hellenic Shipping News Worldwide.