Shipowners have yet to take part in container lines' rate boom

Shipowners, so-called non-operating owners, have yet to benefit from the high rates container lines are booking, especially on the Pacific. But this could change in the coming months, reports Alphaliner.

Photo: PR/Seaspan

Soaring rates on the Pacific in particular have bolstered coffers and provided unexpected tailwinds for the major container lines in recent months, where they had otherwise expected to be hit by the coronavirus pandemic.

But this has yet to rub off on the NOO shipowners, so-called non-operating owners, who provide tonnage for the shipping lines and who have so far been left out of the rate boom.

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