Armour-plated Danaos to hit net zero debt after Zim share sell-off
Greek container ship owner Danaos will have close to zero debts and no significant capital ...
Beware of alleged ‘ponzi’ schemes, promising returns of 12% a year from investing in containers. According to this article, a more likely return would be 2% – some way off, for example, Pacific Tycoon’s promise of 28%. Several authorities have now indicated that some of these investment companies may be perpetuating scams. And as this article makes clear, “major transportation companies would hardly hire from a private investor when they can rent in bulk from a major leasing company”.
Container shipping can see ‘green shoots’ of freight demand recovery
Supply chains 'finally beginning to stabilise', says Maersk
B: China, Brazil strike deal to ditch dollar for trade
Forwarding M&A round-up: plenty of action making smaller headlines
ONE becomes joint-owner of Seaspan Corp in $11bn takeover
Some ocean trades stabilising, but transatlantic rates still falling
DB Schenker sale – storm clouds gathering
Another rail strike in Germany to add to European freight troubles
Maersk 'on a journey' as it snaps up frozen foods logistics specialist
Maersk says posted data is not current and not from attack by hackers
Older freighters look set for the scrap heap as capacity oversupply looms
Shippers reject carriers' opposition to ending anti-trust rules
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