It is just a question of time before falling container ship markets lead to a revision of charters concluded during the coronavirus bonanza, a senior shipping banker said on Thursday.
“I think renegotiations with charterers are inevitable,” said Christos Tsakonas, head of global shipping at DNB, during a Capital Link forum in Athens.
Major listed container ship owners that released financial results recently, such as Costamare and Capital Product Partners, reported record profits, underpinned by the lucrative long-term charters they are sitting on — several of which were concluded in previous years, when their market was booming.
