Car carrier time charter rates dipped below $100,000 per day for the first time in more than two years, but strong earnings are still probably on tap for the listed operators.
ABG Sundal Collier analyst Petter Haugen said that despite Clarksons’ assessment for a 6,500-ceu car carrier on a one-year charter falling to $95,000 per day for the first time since the autumn of 2022, Wallenius Wilhelmsen and Hoegh Autoliners have a rosy outlook.