Prospects improve for ships up to 2000 teu
A containership market devoid of any positive news for the past year is taking heart from some recent fixtures which suggest the worst could be over for small tonnage.
Better signs: Stronger fixtures for boxships of the same size as Hamburg Sud's 1819 teu Cap Palliser, seen here departing the port of Brisbane (Photo: Southern Cross Maritime)
While over-supply is expected to keep the earning potential of big ships under pressure for several more years, a different scenario is becoming apparent for vessels of up to 2000 teu capacity.
What set pulses racing was the recent fixture of...
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