Market attention has shifted to newbuilding orders, with MSC confirming a new
order for 12 ships of 19,000 teu at Zhoushan Changhong while Seaspan has
announced a 23 ship order made earlier in June comprising of 9,000 teu, 16,000
teu and 17,000 teu units with charters to ONE and Maersk. A further order for 4
units of 9,000 teu ships were novated to an undisclosed carrier.
Charter rates have stabilized in the past week, ending an 8-month run that has
seen average rates rising by over 150% since