.Depending On to Veson Nautilca, the container market is heading for record breaking year fed through high charter costs and post-covid compartment boom..Purchases of new container ships are actually up by ~ 52% year-on-year along with 254 brand-new contracts positioned in 2024, compared to 167 in the equivalent duration of 2023 according to a brand-new file by VesselsValue, the records notice arm of maritime information and also shipping monitoring remedies provider Veson Nautical.The report, entitled ‘Golden Age: Compartment shipping’s post-covid upsurge proceeds’, says that in addition to the huge uptick so as, 2024 has actually found 362 new container ships going into the market with a further 169 to become readied to be supplied in the last handful of months of the year.Due to the post-covid container boom, 2024 appears set to be a record-breaking year in relations to brand-new compartment ships entering the market. The substantial increase in brand new orders this year suggests that this trend looks set to carry on for the following handful of years…. mentioned Rebecca Galanopoulos Senior Material Analyst at VesselsValue..Galanopoulos adds that removals also continue to be reduced with only 48 container ships delivered for demolition thus far in 2024, an autumn of ~ forty five% year-on-year.Credit: Veson Nautical.The investigation additionally states that the robust market problems are actually reflected in charter prices which have actually doubled for the Message Panamax field.” Charter costs for Blog post Panamaxes have been hovering around the 72,000 USD/Day mark due to the fact that July, a boost of 100% from the very same time in 2015, where prices were actually around 36,000 USD/Day,” Galanopoulos mentions.
“This type of bull market is what is steering the rise in brand-new shipments and also new purchases.”.