Danaos
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Maritime
Shipping stocks hit fresh highs amid COVID-era supply chain chaos
Dry bulk and LNG shipping stocks now at 52-week peaks with container stocks not far from the top.
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Maritime
A cruel summer for shipping stocks as tide turns
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
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Maritime
Inside container shipping’s COVID-era money-printing machine
Congestion is cutting liner capacity just as freight rates are at all-time highs, incentivizing carriers to buy or charter more ships.
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Maritime
Container ship scores ‘off the charts,’ ‘fantasy’ charter rate: $135,000/day
Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.
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Company earnings
How ZIM, a smaller ocean carrier, is blowing away the big boys
ZIM is the liner most exposed to upside from America’s import binge. It’s taking full advantage of the situation.
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Company earnings
Why Wall Street’s best-performing shipowner is building a war chest
Danaos will stockpile cash from the current boom and spend it on new ships when environmental regs are clearer.
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News
Which shipping stocks rose the most in wake of COVID pandemic?
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
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Maritime
‘Sky’s the limit’ for already lofty container-ship charter rates
Liners are paying historically high rates to charter ships and maximize their exposure to the booming freight market.
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Container
Container shipping is about to report blockbuster Q1 earnings
As cargo shippers struggle, container-vessel companies rake in massive profits. Early signals point to record Q1 results.
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Container
Inside the now-booming business of building container ships
Newbuild-to-fleet ratio now 15.3%, up from 9.4% in mid-2020. But orders are not high enough yet to wave red flags.
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