According to Mr. Baack, smaller vessels dominate the intra-regional trades, yet the fleet is aging, and the order book remains skewed towards larger ships. He highlighted favourable long-term demand ...
As backlogs at U.S. ports and climbing shipping rates plague the supply chain, new data shows shipping rates between the U.S and China are dropping by more than 50% in just a month. Data provided by ...
MPC Container Ships ASA is rated a Strong Buy due to strong charter backlog and fleet renewal program. Learn more about MPZZF ...
LONDON/LOS ANGELES (Reuters) - A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing ...
In an effort to ease congestion at the nation’s busiest port complex, officials said Monday that they will start fining shipping companies whose cargo containers linger for too long at marine ...
Danaos (NYSE:DAC) +0.5% in Tuesday's trading after saying it has added $304 million to its contracted revenue backlog through new charters for six containerships and two recently contracted ...
Karachi Customs Agents Association (KCAA) general secretary Sheikh Waqas Anjum on wEdnesday said that the recent container backlog at Karachi International Container Terminal (KICT), has now been ...
The Port of Mombasa faces a growing container backlog that is clogging regional trade, ...