Let's say a container vessel carries 8k TEU, at a shipping rate of 3k USD per container. That makes 24 million USD shipping cost alone, let's say around 20 mill

Let's say a container vessel carries 8k TEU, at a shipping rate of 3k USD per container. That makes 24 million USD shipping cost alone, let's say around 20 million USD. That is without considerimg the cargo value, so allnthings be told, if on the other side there is a schdeule be kept, 4 million is acceptable. In case of tankers, even more so. The spot market prices, and corresponding delivery contracts, make 4 million peanuts basically.