Container shipowners fight for intra-Asian routes

Massive activity on the container services in Asia has made the demand for small vessels, and thus charter rates, soar, writes Alphaliner.

Container shipowners have entered the previously lucrative intra-Asian market on a broad scale and have thus sent the demand for small container vessels soaring.

According to analyst agency Alphaliner, the total capacity of ships on these services has increased by 23 percent compared to the same period last year, and the development has also boosted charter rates for small container vessels in a segment that has been costly for many owners.

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