.According to Veson Nautilca, the container market is actually going to file splitting year fed through higher charter prices and also post-covid container boom..Orders of brand new compartment ships are up through ~ 52% year-on-year with 254 new arrangements placed in 2024, compared to 167 in the matching period of 2023 according to a brand new report through VesselsValue, the information intelligence branch of maritime data as well as products control solutions company Veson Nautical.The report, labelled ‘Golden Age: Container freight’s post-covid boost continues’, mentions that along with the significant uptick in orders, 2024 has seen 362 brand-new compartment ships going into the market place with a more 169 to be set to be delivered in the final few months of the year.Thanks to the post-covid compartment boost, 2024 appears set to be a record-breaking year in terms of brand-new container vessels getting into the marketplace. The huge increase in new orders this year indicates that this style appears set to continue for the following handful of years…. said Rebecca Galanopoulos Senior Content Expert at VesselsValue..Galanopoulos adds that extractions likewise remain low with simply 48 container ships sent out for demolition up until now in 2024, a loss of ~ forty five% year-on-year.Credit Scores: Veson Nautical.The analysis also explains that the durable market ailments are shown in charter fees which have doubled for the Message Panamax sector.” Charter fees for Message Panamaxes have actually been hovering around the 72,000 USD/Day score given that July, a rise of 100% coming from the very same time last year, where prices were actually around 36,000 USD/Day,” Galanopoulos points out.
“This sort of advancing market is what is steering the surge in brand-new shipments as well as brand new orders.”.