.According to Veson Nautilca, the container market is going to document bursting year fuelled through high charter rates as well as post-covid container boom..Orders of brand new container vessels are actually up by ~ 52% year-on-year with 254 brand-new agreements positioned in 2024, matched up to 167 in the corresponding duration of 2023 depending on to a brand new file by VesselsValue, the data intelligence information arm of maritime data and freight control options supplier Veson Nautical.The document, labelled ‘Golden Age: Compartment freight’s post-covid advancement proceeds’, explains that in addition to the huge uptick in orders, 2024 has seen 362 brand new compartment ships getting in the market place with a more 169 to be readied to be actually provided in the last handful of months of the year.Due to the post-covid container advancement, 2024 appears set to be a record-breaking year in relations to brand-new container vessels entering the market place. The massive growth in brand-new orders this year means that this pattern looks readied to carry on for the next couple of years…. claimed Rebecca Galanopoulos Elder Content Analyst at VesselsValue..Galanopoulos includes that eliminations also stay reduced along with only 48 compartment vessels sent out for demolition up until now in 2024, a loss of ~ 45% year-on-year.Credit Rating: Veson Nautical.The study also specifies that the sturdy market health conditions are reflected in charter fees which have doubled for the Post Panamax industry.” Charter costs for Blog post Panamaxes have been floating around the 72,000 USD/Day score since July, an increase of one hundred% coming from the exact same time in 2015, where fees were actually around 36,000 USD/Day,” Galanopoulos points out.
“This kind of advancing market is what is actually driving the rise in new distributions and brand new purchases.”.