.According to Veson Nautilca, the container market is actually heading for report splitting year fuelled by high charter prices as well as post-covid compartment boom..Orders of brand-new container vessels are up by ~ 52% year-on-year along with 254 brand-new arrangements put in 2024, compared to 167 in the matching time frame of 2023 depending on to a brand new record through VesselsValue, the information intelligence information arm of maritime records and shipping control remedies service provider Veson Nautical.The report, entitled ‘Golden Age: Container shipping’s post-covid boom carries on’, specifies that in addition to the massive uptick so as, 2024 has found 362 brand new container ships entering into the marketplace with a more 169 to become readied to be supplied in the final few months of the year.Due to the post-covid compartment boost, 2024 appears readied to be a record-breaking year in regards to brand new compartment ships getting into the marketplace. The huge growth in new purchases this year means that this fad looks set to proceed for the following couple of years…. pointed out Rebecca Galanopoulos Senior Information Expert at VesselsValue..Galanopoulos includes that eliminations also continue to be low with only 48 container ships sent out for demolition until now in 2024, a fall of ~ forty five% year-on-year.Credit Report: Veson Nautical.The analysis also explains that the strong market conditions are shown in charter prices which have increased for the Post Panamax sector.” Charter prices for Blog post Panamaxes have actually been hovering around the 72,000 USD/Day score considering that July, a rise of one hundred% from the very same time last year, where rates were around 36,000 USD/Day,” Galanopoulos states.
“This type of advancing market is what is actually driving the surge in brand-new shipments and brand new purchases.”.