Medium-sized container ships hit highest rates in nine years

Since the first coronavirus outbreak in the spring, rates for the medium-sized container ships have been soaring to record levels, and in some areas the rates are at almost the highest level in a decade.

Photo: Stephen B. Morton/AP/Ritzau Scanpix

Rates on the medium-sized container ships have made a comeback after the first coronavirus outbreak in the spring, reports Alphaliner.

In May rates plunged on the classic panamax vessels, of 4,250 to 5,000 teu, to USD 6,500-7,000 per day. But since then, the rates have soared and in some areas have hit the highest levels in almost a decade.

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