MSI sees ‘renewed upside’ for box charter market in 2019
Analysts Maritime Strategies International say recent stability ensures that optimism remains for the charter market in the first quarter of 2019. However, upward rate movement will be checked by a healthy spot pool, particularly in the liquid segments, where reducing the supply overhang from a build-up of spot tonnage could prove challenging
MSI says a steady flow of returning tonnage from charter expiries will also keep a lid on charter rates in early 2019
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