According to Mr. Baack, smaller vessels dominate the intra-regional trades, yet the fleet is aging, and the order book remains skewed towards larger ships. He highlighted favourable long-term demand ...

MPC Container Ships ASA is rated a Strong Buy due to strong charter backlog and fleet renewal program. Learn more about MPZZF ...

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 ...

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 ...

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.

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 ...