Containership Charter Rates

Euroseas Ltd Extends Time Charter Of Its Container Vessels

  • Euroseas Ltd extends the time charter contract of its container vessel, C/V “Akinada Bridge”.
  • The new rate is expected to be in motion on October 30th, 2020.
  • In addition, the company signed an agreement to sell its other vessel, C/V Ninos for approximately $2.36m gross.
  • Euroseas Chairman is optimistic about the charter market recovery but also says that it’s uncertain due to the COVID-19 pandemic.

Euroseas Ltd., an owner, and operator of container carrier vessels and provider of seaborne...

https://mfame.guru/euroseas-ltd-extends-time-charter-of-its-container-vessels/

Little To No Tariff Fall Out for Containership Lessors: Dananos

In a recent development, Danaos Corporation, a lessor of container ships, has announced that they have seen a sizable increase in their quarterly profits and maintained that escalating trade tensions should not curb chartering demands, reports the Freight Waves.

How did they do it?
  1. The company, which underwent a major debt restructuring that was concluded in August 2018, reported net income of $33.4 million for the first quarter of 2019, compared to net income of $15 million in the same period...

http://mfame.guru/litttle-to-no-tariff-fall-out-for-containership-lessors-dananos/

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