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 ...
MPC Container Ships ASA is rated a Strong Buy due to strong charter backlog and fleet renewal program. Learn more about MPZZF ...
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 ...
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 ...
LOS ANGELES (KABC) -- The ports of Los Angeles and Long Beach will soon have a new source of funding to help alleviate the growing backlog of container ships. Gov. Gavin Newsom and the U.S. Department ...
Cargo volumes at the Mombasa port have surged far beyond projections, rising to 41.1 million tonnes in 2024, up from 36 million tonnes the previous year. [File, Standard] Mombasa port users are ...
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 ...
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Container backlog at KICT issue resolved: KCAA
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 ...
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