.According to Veson Nautilca, the compartment industry is actually heading for record bursting year sustained through higher charter prices and post-covid compartment boom..Orders of new container vessels are actually up by ~ 52% year-on-year with 254 brand-new arrangements positioned in 2024, matched up to 167 in the equivalent time period of 2023 according to a brand-new report by VesselsValue, the information intelligence information arm of maritime data and also shipping management answers carrier Veson Nautical.The report, titled ‘Golden Age: Container shipping’s post-covid boost carries on’, states that along with the large uptick in orders, 2024 has actually found 362 brand new compartment vessels getting into the marketplace with an additional 169 to become readied to be actually delivered in the last few months of the year.Due to the post-covid compartment upsurge, 2024 looks set to be actually a record-breaking year in relations to brand-new compartment vessels getting into the market place. The substantial growth in brand new orders this year implies that this pattern appears readied to proceed for the next few years…. mentioned Rebecca Galanopoulos Elder Information Expert at VesselsValue..Galanopoulos incorporates that extractions also continue to be reduced along with only 48 compartment ships sent out for demolition up until now in 2024, a fall of ~ 45% year-on-year.Credit: Veson Nautical.The study also says that the strong market health conditions are mirrored in charter prices which have increased for the Post Panamax sector.” Charter prices for Post Panamaxes have been floating around the 72,000 USD/Day mark since July, a rise of one hundred% from the same opportunity in 2014, where rates were actually around 36,000 USD/Day,” Galanopoulos mentions.
“This sort of advancing market is what is actually driving the rise in brand new shipments as well as brand new purchases.”.