CMA CGM dominating the container charter scene this year

31 May 2023

While Mediterranean Shipping Co (MSC) continues to dominate the container sale and purchase scene, it is Marseille’s CMA CGM which is topping the liner chartering tables this year.

More than 20% of all charter fixtures reported in 2023 are linked with CMA CGM, according to brokers Braemar.

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CMA CGM’s latest target has been the 2015-built, 9,612 teu Akadimos, which Braemar reports the Marseille-based liner has taken at a “firm” rate of $47,250. 51% of CMA CGM’s 3.4m teu fleet is now chartered in, according to data from Alphaliner.

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On the container charter markets, Braemar noted in its latest weekly box report: “The activity level continues to be high which has led to increasing charter rates for specific segments and a 12-month period is becoming the new normal.”

Maersk Broker, meanwhile, reported: “Prompt tonnage across all segments is very scarce, and we expect TC rates to continue their firming trend and average periods to carry on rising.”

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