Charter rates have continued to ease on the back of lower transaction volumes,
with current activity mainly focused on smaller vessel sizes on shorter periods.
Rates will continue to weaken in the coming weeks with the summer peak season
turning out to be much weaker than expected.
The soft charter market has not dampened demand for second hand purchases, with
resale volumes remaining high. Wan Hai has confirmed the purchase of 4
newbuildings of 2,800 teu that are under construction at CSBC Ka