Institutional investors advised by JP Morgan Asset Management UK are reported to be behind an order for 15,000 teu containerships that are not linked to a charter commitment.
Container lines have shown very ‘active, agile, flexible management of capacity’ during the pandemic, says Credit Suisse head of European Transport Neil Glynn.
The sharp rebound in container shipping demand in the second half of 2020 encouraged the completion of orders that had been put on hold