Q4 2025 Management View CEO John Coustas indicated that the company continued its strategy of securing long-term employment for its vessels, stating, "Against this background, we continued our ...

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 ...

A massive backlog of empty shipping containers is clogging up Hamilton docks owing to a combination of an overtime ban and two broken-down cranes, The Royal Gazette has learnt. An e-mail seen by this ...

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 ...

Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...

On the much discussed topic of the Red Sea reopening, a decisive factor for future market development, Mr. Baack notes that the vessels transiting the area are the larger container ships, implying ...

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 ...

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 ...

The Port of Mombasa is grappling with a crisis due to an escalating backlog of empty containers, blocking handling of containerised cargo and impacting regional trade by increasing operation costs.

KARACHI: Karachi International Containers Terminal (KICT) is facing a severe operational crisis with over 38,000 containers remaining undelivered, as customs authorities have threatened legal action ...