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Containership charter rates hit four-year high despite record orderbook
Braemar's charter index reached 325.8, up 21% year on year and its highest level since autumn 2022, even as fixture counts and fixed capacity declined.
Containership charter rates have risen to their highest level in four years, according to Braemar's charter index, which stood at 325.8. The index was up 21% year on year and was at its highest since autumn 2022.
The rate increase came despite fewer fixtures. Between 1 January and 17 October, the number of fixtures was down 15% year on year at 853, while fixed capacity declined 10%.
The source also notes a record orderbook that points to a major influx of capacity in 2028.
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