.According to Veson Nautilca, the container market is going to report breaking year fed through high charter rates as well as post-covid container boom..Orders of new container vessels are actually up by ~ 52% year-on-year along with 254 brand-new agreements positioned in 2024, matched up to 167 in the matching period of 2023 depending on to a brand-new report by VesselsValue, the data intelligence arm of maritime data and also freight control options service provider Veson Nautical.The record, entitled ‘Golden era: Container freight’s post-covid boom proceeds’, explains that along with the massive uptick in orders, 2024 has found 362 brand-new compartment ships getting in the marketplace with a further 169 to become set to be provided in the last handful of months of the year.With the help of the post-covid container advancement, 2024 looks readied to be a record-breaking year in regards to brand new compartment ships entering into the market place. The massive surge in new purchases this year means that this pattern appears readied to carry on for the next handful of years…. said Rebecca Galanopoulos Elderly person Material Analyst at VesselsValue..Galanopoulos adds that eliminations likewise continue to be reduced along with merely 48 container vessels sent out for leveling until now in 2024, a fall of ~ 45% year-on-year.Credit Score: Veson Nautical.The study additionally says that the durable market problems are demonstrated in charter prices which have actually multiplied for the Article Panamax sector.” Charter fees for Post Panamaxes have actually been actually hovering around the 72,000 USD/Day score considering that July, an increase of 100% coming from the very same opportunity in 2013, where costs were around 36,000 USD/Day,” Galanopoulos mentions.
“This type of bull market is what is driving the increase in brand new distributions and also brand new orders.”.