Charters rates for smaller feeders below 3,000 teu continues to be under the most pressure with rates noticeably declining over the last 2 weeks as ready tonnage continues to build up in Asia. There has been several reports of deals failing on subjects across all sizes, with demand waning as freight markets continued to weaken. MSC has taken over its 349th resale unit since 2020 with the 1,740 teu X-PRESS COTOPAXI (renamed MSC PAXI II) joining the fleet. Chinese and Russian buyers remain activ