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 ...
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 ...
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 ...