If someone had whispered in December 2020* that Greek shipowner Danaos (DAC) – trading then at $17 a share on the NYSE – would, just over a year later, be near again to testing the “$100 stock” landmark level, we would probably have thought ‘fake capital appreciation’ (call it that) driven by a...
https://theloadstar.com/analysis-magic-danaos-smashes-it-and-now-look-whats-next/
Israeli carrier Zim has confirmed that its chartered and damage-stricken vessel Zim Kingston will depart its mooring at Constance Bank today, bound for Port Nanaimo on Vancouver Island.
The company said the Danaos-owned vessel would remain at Nanaimo before it is moved to DP World’s Dukes Point Terminal late next week for the discharge of damaged and contaminated containers.
A spokesman for Zim told The Loadstar: “It [discharge of damaged boxes] is …
The post Carrier confirms Zim Kingston move...
https://theloadstar.com/carrier-confirms-zim-kingston-move-to-port-nanaimo-today/
Danaos-owned Zim-chartered vessel Zim Kingston, which lost 109 containers amid a cargo fire off the coast of Vancouver in October, is set to leave its mooring on Constance Bank, near Vancouver Island, tomorrow.
It will be heading for the port of Nanaimo, on Vancouver Island’s east shore, where discharge of the undamaged cargo will reportedly take place. But neither Zim or Danaos responded to questions from The Loadstar regarding its onward …
The post Storm-hit Zim Kingston set for move to port...
https://theloadstar.com/storm-hit-zim-kingston-set-for-move-to-port-for-discharge-of-cargo/
DANAOS Shipping, the owner of ZIM Kingston, which suffered a fire incident and lost 109 containers off the Canadian Coast on 22 October, reports that the plans they have submitted to the authorities regarding the unloading of cargo have been approved.
The Greek shipping company is now waiting for the green light and instructions as to which port they will be moving to.
Cleanup crews have been working since the beginning of the incident but weather has impacted those operations at times with high...
https://container-news.com/danaos-waits-instructions-for-zim-kingstons-next-moves/
Greek shipping owner Danaos Shipping has become the newest member of the Methanol Institute (MI), a global trade association for the methanol industry. The post Danaos Shipping joins Methanol…
https://www.offshore-energy.biz/danaos-shipping-joins-methanol-institute/
ZIM Kingston, which suffered a fire incident and lost 109 containers off the Canadian Coast on 22 October, is stable and an initial transit plan has been submitted to the authorities for review, according to the Greek ship owner, Danaos Shipping.
The fire on board the vessel has been extinguished from 29 October, according to a company’s statement.
“Our inspectors boarded the Zim Kingston on Friday (29 October) in order to do a marine safety compliance inspection. We are working with our federal,...
Following the permission by the Canadian Coastguard, all the firefighters and seven members of the crew have now boarded the 4,253TEU ZIM Kingston, which on 22 October lost around 40 boxes at sea and suffered a fire incident off the Canadian coast.
The Expert’s Master, in Victoria, Canada is coordinating with the firefighters on board with respect to the assessment of the fire and the elimination of the remaining hot spots, according to a latest update from Danaos Shipping, the owner of the ship.
Greek vessel owner Danaos Shipping, which owns the 4,253TEU boxship ZIM Kingston, received permission by the Canadian Coast Guard to allow the boarding of technical experts from the company as well as two marine firefighters, who are now on board the vessel.
ZIM Kingston, chartered by the Israeli container line ZIM, suffered a severe fire incident on 22 October, following a collapse and loss of approximately 40 boxes near Victoria, Canada.
ZIM Kingston caught fire after container lost off the...
https://container-news.com/technical-experts-and-firefighters-on-board-zim-kingston/
The 4,253TEU boxship, ZIM Kingston suffered a severe fire incident on Friday, 22 October, after two damaged containers caught fire on board the vessel near Canada.
The Greek ship owner and operator, Danaos Shipping, who manages the ship, has reported that earlier on that day, the excessive listing due to extreme weather caused the collapse and loss overboard of several containers.
The number of lost boxes is reaching 40, according to reports, but Danaos has not confirmed the exact number.
Danaos...
https://container-news.com/zim-kingston-caught-fire-after-container-lost-off-the-canadian-coast/
Danaos Shipping has announced the acquisition of two container vessels of 8,463TEU and 8,626TEU respectively in 2020, expanding its fleet to 57 boxships, according to a company’s announcement.
Both container ships have been fixed on two-year charters and and are expected to contribute approximately US$12 million in aggregated earnings before interest, tax, depreciation and amortisation (EBITDA) on an annualised basis.
According to the company’s CEO, John Coustas, Danaos has not been affected by...
https://container-news.com/fleet-additions-see-danaos-ride-the-covid-economic-wave/