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Container Shipping Sector: Monthly Stock Highlights

Giannis Nikolakis - 0
The container shipping sector faced a turbulent March as shifting trade dynamics, geopolitical tensions, and fluctuating demand sent stock prices on a rollercoaster ride. While...
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Fire on boxship in Houston kills two seafarers, injures one

Container News Team - 0
Two seafarers died and another crewman was hurt after a fire broke out in the engine room of the 2,174 TEU container ship Stride. COSCO...
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Post-panamax container ship leaks fuel oil in Vancouver’s English Bay

Antonis Karamalegkos - 0
The Canadian Coast Guard reported that they tracked a slick of approximately 60 to 100 litres from the initial release of fuel from the...
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Danaos fully liquidates shareholding in ZIM, boosts operating revenues

Container News Team - 0
Danaos Corporation has announced its financial results for the first nine months of the year, reporting an average of 71 container ships. The company's...
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Danaos orders four 7,200 TEU container vessels

Antonis Karamalegkos - 0
Greek ship owner Danaos Corporation has confirmed an order of four 7,200 TEU container ships at the South Korean shipyard, Daehan Shipbuilding. The new vessels...
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Danaos confirms ten new vessel charters worth over US$370 million

Container News Team - 0
Greek ship owner, Danaos Corporation has entered into new charter agreements for 10 of its vessels, including one 8,500TEU vessel, three 3,400TEU vessels and...
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Danaos secures deal for six container ships acquisition

Antonis Karamalegkos - 0
The Greek container ship owner, Danaos Corporation has entered into an agreement to acquire six 5,466TEU container vessels built at Hanjin Subic Bay shipyard. The...
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Danaos completes debt restructuring

n.savvides - 0
Greek vessel charterer Danaos Corporation has restructured its US$1.25 billion debt, the refinancing reduces the outstanding debt to a single credit facility from the...
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Yang Ming management shuffle linked to “disappointing” sale-leaseback

n.savvides - 0
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IMO 2020 boosts demand for post-Panamax container vessels

n.savvides - 0
High demand for post-Panamax container ships has resulted in a string of sales since the start of 2020, a trend aided by the new...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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