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News / Charter specialist Danaos has a 'solid' Q3, despite 'weak' container shipping market

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Greek boxship owner Danaos has warned that the continued delivery of ultra-large container vessels (ULCVs) for deployment on the Asia-Europe tradelane, and the subsequent cascading of smaller ships into other routes is negatively impacting both freight and charter rates.

Announcing the New York Stock Exchange-listed company’s ...

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  • Special correspondent

    June 15, 2016 at 4:56 am

    Vessel owners should play an important role to survive and maintain container shipping industry. At first, They have to stop the war which lower container freight rates to increase market shares.
    Secondly, they have to unify container vessel charterage to their vessel operators.

    finally, they should correct charterage for Hanjin shipping, HMM as well as ZIM

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