CMA CGM was reported to have fixed the 7,092 teu newbuilding TS DUBAI at a very
strong $80,000 per day rate for 3 months, setting a new rate benchmark. Momentum
picked up further last week as demand remains red hot while supply of prompt
units of over 2,000 teu remain very tight. The sharp rise in freight rates will
fuel the charter market in the next 8 weeks with no room for rates to drop.
MSC has taken delivery of 2 more ships in the resale market last week although
both ships were previously