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You are here: Home Archive 2010 July Weekly Edition 22nd July Box lines making big returns from relets

Box lines making big returns from relets

by Patrick Hagen, Cologne last modified Aug 05, 2010 10:03 AM

SAVVY container lines are making a nice monthly profit by reletting vessels fixed at super-low rates.

Operators that secured boxship tonnage earlier this year are now able to benefit from the recent surge in charter rates by handing those ships on to other lines and cashing in on a profit of several thousand dollars per day.

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