'Crisis-resistant' Gebrüder Weiss enjoys revenue growth despite market challenges
Austrian logistics and haulage operator Gebrüder Weiss recorded a 10% growth in revenues in 2024 ...
Greek containership owner Danaos has said the sector’s charter market is “moving sideways” and it is yet to see “a meaningful improvement” to signal a market recovery.
The comments were made by the non-operating owner’s chief executive, John Coustas, on the release of the firm’s second-quarter earnings yesterday.
The company owns 59 container vessels ranging in size from 2,200 teu to 13,100 teu, which it leases to ocean carriers.
However, Danaos’ financial position was significantly impacted by the bankruptcy of Hanjin Shipping last ...
MSC port arm to buy Hutchison ports including Panama and Felixstowe
Latest strike will cause ‘massive' disruption at German airports
K+N 'still number-one' in air and ocean – but it's not all good news
US Chinese ship penalties will hit transatlantic trade hardest – Soren Toft
Congestion at Asian and European ports keeping charter rates firm
Liners cut long-haul sailings, but 'it won't be enough' to stop rates tumbling
Comment on this article