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<a href="http://www.accessmylibrary.com/coms2/summary_0286-11889300_ITM" title="Facts and information about Boxship rates sink as market hits the doldrums.">Boxship rates sink as market hits the doldrums.</a>
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Boxship rates sink as market hits the doldrums.
(From Lloyds List)
Byline: Janet Porter
Dry Trade
This is some $7,000 a day below the rate it obtained less than 18 months ago.
THE containership charter market still appears to be under severe pressure, with the handful of fixtures reported showing further steep falls in rates.
The 1,687 teu Buxlagoon , for example, has just been chartered for about six months as a re-let from NYK at $14,200 a day.
But with so little business being done, some experienced operators claim that it is impossible to judge the true state of the market at the moment.
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