MC-Seamax rides strong boxship recovery as rates keep climbing

London, United Kingdom, – (March 14, 2018) — MC-Seamax has fixed a pair of its large boxships at levels far exceeding last done.

The New York owner has fixed the 8,063-teu Seamax Darien (built 2003) to Mediterranean Shipping Co for 12 months at $20,000 per day, European brokers said.

That is 30% to 40% higher than fixtures of similar ships a few weeks ago, although Seamax is likely to surpass this benchmark in the coming days with the pending fixture of the 8,059-teu Seamax New Haven (built 2005).

“We don’t comment on fixtures, but the charter market for our vessels is definitely improving,” managing partner and co-founder Cao Deambrosio said.



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Seamax is an independent investment management firm which provides institutional investors with unique opportunities in the maritime sector, investing in long-lived, revenue generating, physical assets that are vital to global trade.  Founded in 2012, the management team has more than 100 years of combined investment and operational experience with transportation-related assets such as containerships, tankers, bulk carriers, offshore, containers and maritime infrastructure.


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