.According to Veson Nautilca, the container market is actually going to file bursting year fed by higher charter prices as well as post-covid compartment boom..Purchases of new compartment ships are actually up through ~ 52% year-on-year along with 254 new agreements put in 2024, reviewed to 167 in the matching time frame of 2023 according to a brand-new document by VesselsValue, the data intelligence information branch of maritime data and also shipping monitoring options carrier Veson Nautical.The document, titled ‘Golden Age: Container freight’s post-covid boom carries on’, says that along with the substantial uptick in orders, 2024 has viewed 362 brand new compartment ships getting in the marketplace along with a further 169 to be set to be supplied in the final few months of the year.Due to the post-covid compartment upsurge, 2024 appears set to be actually a record-breaking year in relations to brand new container vessels entering into the marketplace. The significant rise in brand-new orders this year indicates that this style looks set to proceed for the next few years…. said Rebecca Galanopoulos Senior Content Analyst at VesselsValue..Galanopoulos adds that eliminations also continue to be low along with just 48 container ships sent for demolition until now in 2024, an autumn of ~ 45% year-on-year.Credit Scores: Veson Nautical.The research likewise explains that the strong market disorders are reflected in charter prices which have actually multiplied for the Message Panamax field.” Charter prices for Post Panamaxes have been hovering around the 72,000 USD/Day score since July, a boost of one hundred% coming from the same time in 2014, where rates were actually around 36,000 USD/Day,” Galanopoulos mentions.
“This form of advancing market is what is actually driving the rise in brand new shippings and also brand new orders.”.