Vessel charters get longer and more costly as carriers continue to hunt tonnage

Here are more examples of Non-Operating Owners chartering ships. And they are increasing in price. These carriers are outside the liner alliances, and allow the ships to move as they choose instead of following liner schedules. They can choose routes which avoid the major choke points in container handling we see now.

It’s another way to escape or try to escape the port congestion we see at major ports.

But there are increasingly signs that the congestion is spreading from the major ports such as LA and Long Beach to smaller ones such as Tacoma and even some East Coast US ports.

How do carriers escape the congestion then? At least with their own ships, not assigned to rotations, they can pick and choose. that flexibility may aid in winning contracts to shop goods.

By Mike Wackett 17/11/2021

Vessel charters get longer and more costly as carriers continue to hunt tonnage – The Loadstar