“Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The average per TEU price of a basket of seven five-year-old container ships was USD 9,761/TEU in late August 2024. Since then, the price …