With the number of idle ships starting to rise and fresh demand failing to match
the rapid build up of the surplus fleet, charter rates are increasingly under
pressure across all size segments.
There remains limited activity in the larger sizes, but demand is also similarly
muted with most of the main carriers’ requirements this year already fully
covered. The most notable fixture was PIL’s charter for 4 units of 7,000 teu
from TSL and RCL for delivery in 2024. The recent delivery of the 8,000