A backlog of ships stranded by nearly four months of conflict in the Strait of Hormuz could take weeks to clear despite a U.S.-brokered agreement to reopen the critical waterway, shipping and energy ...
"This quarter was shaped by the unprecedented events in the Gulf and the closure of the Strait of Hormuz" (Chairman, President & CEO John Coustas), adding that "in the container sector, the disruption ...
Contract coverage is already at 100% for 2026, stands at 87% for 2027, and 64% for 2028 in terms of operating days. Management described this as giving "ample flexibility to pursue accretive capital ...
In this episode of Capital Link's 2026 Corporate Presentation Series, Mr. Constantin Baack, Co-CEO of MPC Container Ships ASA (OTC: MPZZF), discussed the company's strategy, market positioning, and ...
Ocean Yield holds interests in more than 70 vessels across gas carriers, container ships, LNG carriers, tankers and dry bulk carriers.
Container backlog drops sharply as trade flows begin to normalise; rates remain elevated despite improving port operations ...
Maritime freight rates have continued to climb even after the United States and Iran signed a memorandum of understanding to ...
A ceasefire in the Middle East might feel like the moment global shipping snaps back to normal. It won't. Even if the Strait of Hormuz reopens fully, experts warn that the disruption to oil, food, and ...
MPC Container Ships buys four 7,000-TEU vessels for $340m. Find the latest news from the maritime industry on the PortNews website.
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