Container Charter Market seems to have bottomed out
(04.08.2017) Despite some minor drops in all New ConTex groups the Container Charter Market seems to have bottomed out during early August.
In the Post-Panamax segment (not listed in the New ConTex) there is no prompt tonnage available and rates are clearly on the rise. The demand for extra loaders trickles down to Wide-Beam Panamax and to conventional Panamax. The sentiment is changing already and next weeks figures are likely to show some upward trend in some segments.
The number of ships available for charter in the near future has shrunk significantly over the last weeks and the Alphaliner Idle numbers also show a rapid decrease.