.According to Veson Nautilca, the container field is heading for record bursting year sustained through higher charter costs and post-covid container boom..Purchases of new compartment ships are actually up by ~ 52% year-on-year with 254 new contracts placed in 2024, compared to 167 in the corresponding time frame of 2023 according to a brand-new report through VesselsValue, the information intelligence branch of maritime data and freight monitoring remedies carrier Veson Nautical.The document, titled ‘Golden Age: Container freight’s post-covid upsurge carries on’, mentions that aside from the large uptick in orders, 2024 has actually observed 362 brand new compartment vessels getting into the marketplace along with a further 169 to be readied to be actually delivered in the last handful of months of the year.Thanks to the post-covid container boom, 2024 looks readied to be actually a record-breaking year in relations to brand-new container ships getting into the marketplace. The big increase in new purchases this year implies that this pattern looks readied to proceed for the next handful of years…. mentioned Rebecca Galanopoulos Elderly person Material Professional at VesselsValue..Galanopoulos includes that eliminations additionally remain reduced along with merely 48 compartment vessels sent for demolition until now in 2024, an autumn of ~ 45% year-on-year.Credit: Veson Nautical.The research study likewise says that the robust market health conditions are actually mirrored in charter rates which have actually doubled for the Message Panamax sector.” Charter prices for Article Panamaxes have been floating around the 72,000 USD/Day score considering that July, an increase of 100% coming from the exact same opportunity in 2014, where prices were around 36,000 USD/Day,” Galanopoulos mentions.
“This kind of bull market is what is steering the rise in new distributions and also brand-new purchases.”.