The shortage of freight capacity in the global maritime freight market inflated charter rates in June 2024 to a record level of $80-150 thousand per day, writes The Loadstar.
Maersk and CMA CGM paid record amounts for the lease of ships. The first chartered a container ship from a Taiwanese carrier for $150,000 per day, and the second for $100,000 per day. The chartered vessels will be shipped between Asia and South America, where freight rates have reached a two-year high.
According to the Linerlytica report, container ships with a total capacity of 1.62 million TEU were delivered in 2024, and all of them were absorbed by the market due to the crisis in the Red Sea region. According to analysts at Linerlytica, the transfer of ships to the route bypassing the Cape of Good Hope from December 2023 required the absorption of 1.6 million TEU.
