.Depending On to Veson Nautilca, the compartment market is actually going to record splitting year fed by higher charter prices and post-covid container boom..Purchases of brand new container ships are up through ~ 52% year-on-year along with 254 brand-new arrangements put in 2024, reviewed to 167 in the corresponding period of 2023 according to a new document through VesselsValue, the information notice arm of maritime data and freight monitoring solutions carrier Veson Nautical.The report, titled ‘Golden era: Container shipping’s post-covid boost proceeds’, specifies that aside from the massive uptick so as, 2024 has actually found 362 new compartment vessels entering into the market along with a further 169 to become set to be actually supplied in the last handful of months of the year.Because of the post-covid compartment boom, 2024 looks set to be a record-breaking year in terms of brand new container vessels getting in the market. The big growth in brand-new purchases this year indicates that this trend appears set to proceed for the next few years…. mentioned Rebecca Galanopoulos Senior Information Professional at VesselsValue..Galanopoulos includes that removals likewise continue to be reduced along with just 48 container vessels delivered for demolition so far in 2024, a fall of ~ 45% year-on-year.Credit Score: Veson Nautical.The analysis additionally specifies that the durable market disorders are actually mirrored in charter fees which have increased for the Article Panamax market.” Charter rates for Article Panamaxes have been floating around the 72,000 USD/Day mark since July, a boost of one hundred% from the same time in 2013, where costs were around 36,000 USD/Day,” Galanopoulos mentions.
“This kind of bull market is what is actually driving the growth in brand-new shipments and new purchases.”.