New York-listed company’s chief executive John Coustas says liner operators are holding out for lower rates, but owners aren’t budging
Jefferies keeps Danaos confidence as container ship charterers become ‘conservative’ Read More »
Even if the Russian invasion of Ukraine stretches into the medium-term, tankers are still poised for growth
Long Ukraine war will not stand in way of tanker ‘golden age’, BRS says Read More »
Weakening global economy could slow consumer spending in Matson’s core US markets, chief executive Matt Cox says
‘Headwinds’: Stifel downgrades Matson to ‘hold’ as economy slows and inflation mounts Read More »
Rivals Carnival Corp and Norwegian Cruise Line Holdings are also trying to preserve cash in face of unexpected headwinds
Royal Caribbean makes ‘lead time’ with $1bn note offering as cruise secures liquidity Read More »
Backhaul route from Asia to the Atlantic falls into negative territory for first time in five months
Dry bulk spends week on the slide as capesizes lose steam on Brazil-to-China trade Read More »