Wave of feeder newbuilds could bring a chill to charter rates in 2027

Feeder containership charter rates could face downward pressure in 2027 as a wave of newbuild deliveries adds capacity to a market that has enjoyed strong earnings in 2026.

Ship brokerage Intermodal research analyst Vasilis Fousekis noted that the time-charter rate for a 1,700 teu geared feeder had climbed to about $33,750 a day for six to 12 months, up 19% year on year and more than double its 2023 level.

Charterers are fixing sub-3,000 teu tonnage for delivery as far ahead as Q3 27, with average fixture periods extending to around two years.

Linerlytica’s report yesterday disclosed that Namsung Shipping had fixed the newly built 3,318 teu Sheng Shun 62 from Chinese owner Xiamen Hongtai Shipping for $37,000 a day for 23 to 25 months.

This story was originally published by The Loadstar. Read the full story at The Loadstar →