With the number of idle ships starting to rise and fresh demand failing to match the rapid build up of the surplus fleet, charter rates are increasingly under pressure across all size segments. There remains limited activity in the larger sizes, but demand is also similarly muted with most of the main carriers’ requirements this year already fully covered. The most notable fixture was PIL’s charter for 4 units of 7,000 teu from TSL and RCL for delivery in 2024. The recent delivery of the 8,000