Red Sea effect sees boom in secondhand boxship enquiries — but few owners are willing to sell
MSC has bought four secondhand boxships, while Capital Product Partners has sold up to three panamaxes to Indian buyers with time charters attached
Geopolitics has increased inefficiencies of the global containership fleet and pushed up vessel values. But at some point a flurry of newbuilding containerships will cancel out vessel capacity mopped up by diversions