Sharp falls are continuing to plague the container market for panamax sizes and below.
Braemar Seascope’s latest report shows lots of red ink and no black or green.
It highlights an underlying weakness in the panamax sector with fixtures being concluded below $9,000 per day.
Holidays in the Far East have added to market woes with the company’s ‘Box-i’ index continuing a slide which started in July.
Braemar
