Container ship owners nearing new rate dive

In spite of growing freight volumes in 2014 and fewer unemployed ships in the combined global container fleet, the charter market remains completely flat. And the rates will like drop even further in the near future, says Alphaliner.

Photo: Hamborg Havn

The major shipowners in the container industry, in Germany and elsewhere - which charter their vessels to the carriers - are bleeding under historically low rates, and things could become even worse in the coming months as carriers start to prepare for the winter, according to Alphaliner.

More canceled sailings have already been announced from early October in relation to China's national holiday period, Golden Week.

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