Box ship buying spree is over, says Braemar — lines must be more selective

According to Braemar, the buying spree for small and mid-sized containerships is over.

Why the buying stopped

Recent years' demand for feeder vessels has addressed the structural capacity shortfall.

Lines must now be more selective when ordering new vessels.

The effect on rates and Uzbekistan

This may impact ocean container rates — stabilization is expected.

For Uzbekistan, this means stabilization of long-distance sea freight prices.

Buraq Logistics continues offering clients the best ocean freight rates.