ContainersEurope

CMA CGM dominating the container charter scene this year

While Mediterranean Shipping Co (MSC) continues to dominate the container sale and purchase scene, it is Marseille’s CMA CGM which is topping the liner chartering tables this year.

More than 20% of all charter fixtures reported in 2023 are linked with CMA CGM, according to brokers Braemar.

CMA CGM’s latest target has been the 2015-built, 9,612 teu Akadimos, which Braemar reports the Marseille-based liner has taken at a “firm” rate of $47,250. 51% of CMA CGM’s 3.4m teu fleet is now chartered in, according to data from Alphaliner.

On the container charter markets, Braemar noted in its latest weekly box report: “The activity level continues to be high which has led to increasing charter rates for specific segments and a 12-month period is becoming the new normal.”

Maersk Broker, meanwhile, reported: “Prompt tonnage across all segments is very scarce, and we expect TC rates to continue their firming trend and average periods to carry on rising.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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