The container ship secondhand market has staged a sharp recovery, with prices dropping between 50% and 75% compared with a year ago.
Weaker fundamentals in the charter and freight markets mean further declines are likely over the coming months, according to Alphaliner.
The boxship market saw 185 deals of more than 600,000 teu in the first half of the year, the analyst said — nearly double the volume of the previous six months.
