‘Hard part’ begins now for box sector, Jefferies warns
Analysts warn of mounting headwinds for liners while slashing charter market projections
Carriers have seen the summer’s rally in transpacific and Asia-Europe freight rates quickly lose momentum, and the picture is further complicated by weak freight demand outlook and an upcoming influx of newbuilds. Meanwhile, lessors have seen charter rates slipping after holding up ‘remarkably well’, despite box market downturn
