Boxship charter market remains mismatched from freight markets as rates hold firm
- Despite a 35% year-on-year fall in average freight indices on major east–west routes, charter rates have mostly moved sideways
- The 1,700 teu segment has seen strongest charter rate growth in the past year as daily rates reach $29,000 for one year fixtures
- Sub-panamax and feeder segments remain most active with recent charter extensions by Zim, Samudera, and Unifeeder
Tonnage availability in the post-panamax segment especially limited, but some deals are being done behind closed doors
