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Danaos denounces protectionism threat to shipping

One of the major threats to shipping was identified by John Coustas, the president and CEO of ship owner Danaos Corporation, who said that deglobalisation...

Danaos adds two 8,000+ TEU vessels to its orderbook

On 20 June, Greek container vessel owner Danaos entered into contracts for the construction of two 8,258 TEU boxships. The new vessels will have the...

Tonnage providers’ fleet contracts with continued sales and few orders

Tonnage providers have continued to reduce their fleets, after selling 71 ships to liner operators, particularly MSC and CMA CGM, in the last six...

Post-panamax container ship leaks fuel oil in Vancouver’s English Bay

The Canadian Coast Guard reported that they tracked a slick of approximately 60 to 100 litres from the initial release of fuel from the...

Danaos more than doubled adjusted net income in second quarter

Danaos announced its financial results for the second quarter and the first half of the year, which ended on 30 June 2022. The company's adjusted...

Moody’s upgrades Danaos rating

Moody's Investors Service has upgraded the corporate family rating (CFR) of the Greek ship owner Danaos Corporation to "Ba3" from "B1", with the outlook...

Danaos enjoys strong financial results in 2021 first quarter

Danaos has published financial results for the first three months of the year. "The first quarter of 2022 was another exceptional one for Danaos," said...

Danaos orders four 7,200 TEU container vessels

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...

Danaos and Asiatic Lloyd order up to six 7,100 TEU ships at DSIC

Tonnage providers Danaos Shipping and Asiatic Lloyd have ordered up to six 7,100 TEU ships at Dalian Shipbuilding Industry Company (DSIC). DSIC announced that Greece’s...

More than 100 containers fell from ZIM Kingston

The initial estimations about the number of lost containers in the ZIM Kingston accident were unfortunately wrong with the overall number of missing boxes...
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NYK buys segments of ENEOS Ocean’s shipping business

NYK will acquire 80% of the shares of a new company to be established by ENEOS Ocean Corporation, a consolidated subsidiary of ENEOS Holdings,...

NWSA reports higher container volumes in 2024

The Northwest Seaport Alliance (NWSA), a partnership between the ports of Seattle and Tacoma, handled 321,432 TEUs in June, representing a significant growth of...

Port of Rotterdam nears 7 million TEUs in first half

In the first half of the year, Port of Rotterdam's container throughput increased by 4.2% in tonnes to 67.1 million tonnes and by 2.2%...

Port of Los Angeles achieves another monthly container gain

Port of Los Angeles processed 827,757 TEUs in June, translating to a 10% increase over the previous month and less than 1% compared to...