U.S. Office Of The Comptroller Of The Currency Engaging In ‘heightened Monitoring’ Of National Banks, Coordinating With Other Regulators



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Container Ship Scores ‘Off The Charts,’ ‘Fantasy’ Charter Rate: $135,000/Day

In a sign of just how frenzied the container market has become, a freight forwarder is reportedly paying $135,000 per day for a short-term charter of the S Santiago, a container ship with a capacity of 5,060 twenty-foot equivalent units (TEUs). "Charter rates for short employment … have gone out of control," said Alphaliner in its new weekly report.