Singapore’s Eastern Pacific Shipping has fixed out a seven-year-old panamax pure car/truck carrier (PCTC) at an unprecedented rate of more than $100,000 per day as demand for the ship-type outstrips supply.

Market sources said Eastern Pacific has fixed out the 6,178-ceu Lake Geneva (built 2015) to Nissan Motor Car Carrier for around 90 days at more than $100,000 per day.