MSC’s sweep of second-hand containership tonnage since 2020 has brought its total resale vessel acquisitions in the last 4 years to more than 420 ships. MSC’s unprecedented acquisition spree has removed more than 17% of the total fleet that are available for charter in the 800 to 15,000 teu size segment and has been a key driver behind the sharp rebound in charter rates this year. The shortage of charter market ships have forced carriers to fix forward for their favoured tonnage with deliveries