The Red Sea disruptions continue to drive charter rates, with average charter
rates rising by a further 3% last week with healthy gains across all size
segments.
The larger sizes continue to enjoy the biggest gains, with vessel availability
failing to match demand. Activity in the panamax segment remains active, with
last done rates rising above $25,000 for the first time in 9 months. The
availability of ships larger than 5,000 teu remains very limited, with demand
still uncovered which will c