Greg Miller
Tuesday, June 20, 2023
Container shipping divide: Cargo rates weaken, ship rents ‘robust’
Trans-Pacific spot shipping rates remain under pressure, slumping back again as U.S. import demand comes up short.
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Greg Miller
Tuesday, May 16, 2023
COVID boom not over yet for ‘landlords’ of shipping lines
Outsize profits are still flowing to companies like Danaos and Costamare that lease ships to container lines.
Greg Miller
Wednesday, June 2, 2021
Container ship scores ‘off the charts,’ ‘fantasy’ charter rate: $135,000/day
Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.
FreightWaves Staff
Sunday, November 10, 2019
First Ship Lease swings back into the black
Singapore stock exchange-listed ship lessor First Ship Lease reported essentially flat revenues for the third quarter of 2019, but it also announced a swing back into profit. A combination of higher revenues and cost cutting delivered the positive result.
FreightWaves Staff
Tuesday, June 18, 2019
Weak debut for ship lessor CSSC Shipping on Hong Kong’s Stock Exchange
It was a poorly-received IPO for CSSC Shipping. Institutional and retail take up was weak and its share price plummeted from the offer price.