Container charter market on a visible rising trend

Activity in the container charter market remains high with one fixture in particular giving tonnage providers pause for thought. After being fixed and failed in late March, the 2009-built, 4,253 teu Synergy Keelung has been fixed for a minimum 24-month period at $23,000 with Thailand’s Regional Container Lines (RCL), a rate brokers Braemar described today as “remarkably firm” given the fact that last panamax fixture managed to achieve a 12-month period only and the owner of the Synergy Keelung, Greece’s Euroseas, was able to achieve a 5% rate increase for a period twice as long,

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