Zim Monaco capacity 4.253TEU.
Danaos Corporation takes delivery of Zim Monaco, expanding its operational fleet to a total of 39 containerships aggregating 157,427 TEU.
Upturn in oil prices.
World’s oil supply is no less vulnerable and perhaps even more susceptible to geopolitical forces than it was before the financial meltdown.
Yasa Neslihan released.
The Turkish vessel Yasa Neslihan hijacked with a crew of 20 people has been released by Somali pirates after 66 days of captivity after receiving the ransom.
Revolution in marine cargo sector.
A collapsible container designed by two professors from the Indian Institute of Technology in Delhi, India, could revolutionize the marine cargo sector.
Interest in the Port of Rotterdam.
NYK is giving Hutchison Port Holdings (HPH), the parent company of ECT, a majority share in the Amsterdam Ceres Terminal.
Lower rates for containers.
Euroseas has revealed it renegotiated lower charter rates for two containerships.
Efforts against piracy successful.
After a year in which Somalian pirates were seemingly able to carry out their crimes the efforts of the world’s navies to tackle the problem are starting to have a pronounced effect.
Europe dependence on Russia.
A freezing Western Europe is potentially an innocent hostage of what appears to be becoming an annual gas showdown between Russia and Ukraine.
