Container leasing companies like $DAC $GSL $NMM etc will bring a whole new dimension to the expression boom bust cycle I think.The up is extraordinary high and so is also likely the despair. To be honest with a whole new generation of ECOs built I wonder if they will ever recover
But first we have the boom cycle to fully play out. Including ships stuck.
The problem their is that so many of the leasing companies already have their vessels chartered out by now.
The problem their is that so many of the leasing companies already have their vessels chartered out by now.
When it comes to ongoing newbuilds. My thinking is that whoever has a tanker on order gets a question if they mind delaying part of the order 6m or so... to give priority to get large amounts of container ships on the water asap. I would guess that is an attractive proposal.
So I would expect "slippage" in tanker deliveries and the opposite when it comes to container deliveries.
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