Carriers return expensive ships to owners prematurely

The slowing down of container markets are resulting in costly chartered ships to be sent back to owners, Alphaliner writes. At the same time, charter rates are dropping along with contract durations.

by DAG HOLMSTAD

The cooled-down container market, having seen drops in both freight rates and demand throughout 2022, is now impacting shipowners, forcing them to accept returns of chartered vessels, writes Alphaliner in their latest newsletter.

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