Red-Hot Freight Market Sends Used Container-Ship Values Soaring

In September, we first noted that demand for ocean freight out of China was "leading to equipment shortages in Asia."

"The surge in volumes is leading to equipment shortages in Asia. Some shippers are paying premiums on top of spiking rates to guarantee containers and space. The imbalance is also putting pressure on overwhelmed US ports and importers to process and return empty containers quickly."

While the buying frenzy for second-hand container ships continues - we suspect this trend will last until the global economic rebound stalls - with China's credit impulse already peaking - this could be in the second half of this year. 

From used cars to used private jets to now used container ships, real asset prices are exploding higher. But how long will this madness last? 

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