DANAOS

Las compañías de contenedores siguen fletando buques pese a la caída de la demanda de carga 

Con la caída de la demanda de importaciones, el descenso de los fletes, la cartera de pedidos de portacontenedores en máximos históricos y los transportadores marítimos cancelando viajes, podría pensarse que nadie va a fletar más buques. De hecho, el mercado de fletamento de portacontenedores dista mucho de estar muerto. 

Las tarifas de flete están muy lejos de sus máximos. Atrás quedaron los días en que un portacontenedores pequeño podía ganar 200.000 dólares al día durante tres meses, o un buqu...

https://www.freightwaves.com/news/las-companias-de-contenedores-siguen-fletando-buques-pese-a-la-caida-de-la-demanda-de-carga

Post-panamax container ship leaks fuel oil in Vancouver’s English Bay

The Canadian Coast Guard reported that they tracked a slick of approximately 60 to 100 litres from the initial release of fuel from the 8,500 TEU container ship Europe owned by Danaos Corporation.

Danaos representative confirmed the incident pointing out that the flow of oil has stopped. The investigations about what caused the oil spill are still ongoing, according to the Greek company’s spokesperson.

The MSC-operated boxship was at anchorage in English Bay when the oil spill was reported....

https://container-news.com/post-panamax-container-ship-leaks-fuel-oil-in-vancouvers-english-bay/

Shifting tides: The fall of container shipping stocks, the rise of tankers

photo showing stocks chart

Sometimes stocks in all ocean shipping segments move up or down in unison. Now is not one of those times.

Shares of container lines and container-ship leasing companies are down double digits. Shares of ocean carrier Zim (NYSE: ZIM) have lost more than half their value year to date. In contrast, tanker stocks are up double and in some cases triple digits. Shares in product carrier owner Scorpio Tankers (NYSE: STNG) hit yet another 52-week high on Tuesday. They’re up 257% year to date.

For...

https://www.freightwaves.com/news/the-fall-of-container-shipping-stocks-and-the-rise-of-tankers

Δρ Ιωάννης Κούστας: «Αν υποχωρήσει η ζήτηση δεν μπορείς να κρυφτείς πουθενά»

Εν μέσω γεωπολιτικών εξελίξεων, αύξηση του πληθωρισμού σε ιστορικά υψηλά, αύξηση των επιτοκίων από τις τράπεζες για να φρενάρουν τον πληθωρισμό, αποδυνάμωση της καταναλωτικής δύναμης που οδηγεί στη μείωση της ζήτησης εμπορευμάτων, η ναυλαγορά των πλοίων μεταφοράς εμπορευματοκιβωτίων που έως τώρα ζούσε «στον χρυσό αιώνα του Περικλή» κοιτάζει πλέον κατάματα την…αβεβαιότητα.

Ο δρ Ιωάννης Κούστας πρόεδρος και CEO της εισηγμένης την αμερικανική χρηματαγορά Danaos ακτινογράφησε την κατάσταση της...

https://www.newmoney.gr/roh/palmos-oikonomias/nautilia/dr-ioannis-koustas-an-ipochorisi-i-zitisi-den-boris-na-kriftis-pouthena/

Cruel summer for container, dry bulk stocks as sun shines on tankers

photo of Euronav tanker; the company's stock share price is up sharply this year

Stocks of container and dry bulk shipowners took a beating this summer. Tanker stocks continued their ascent, with many U.S.-listed tanker owners hitting fresh 52-week highs on Tuesday.

The consensus on tanker earnings: They’ve moved past their trough and are headed up from here. “The tanker sector can be characterized now as officially firing on all cylinders,” said Jefferies analyst Omar Nokta in a report this week.

The consensus on container shipping and dry bulk earnings: They’ve moved past...

https://www.freightwaves.com/news/cruel-summer-for-container-dry-bulk-stocks-as-sun-shines-on-tankers

Danaos more than doubled adjusted net income in second quarter

Danaos announced its financial results for the second quarter and the first half of the year, which ended on 30 June 2022.

The company’s adjusted net income was US$157.1 million for the second quarter compared to US$68.9 million in the same period last year, an increase of 128%. For the first half of the year, adjusted net income was US$392.4 million, an increase of 209.2%, compared to US$126.9 million a year earlier.

“Danaos business model continued to generate strong results in the second...

https://container-news.com/danaos-more-than-doubled-its-adjusted-net-income-in-the-second-quarter/

Moody’s upgrades Danaos rating

Moody’s Investors Service has upgraded the corporate family rating (CFR) of the Greek ship owner Danaos Corporation to “Ba3” from “B1”, with the outlook changing to “stable” from “positive”.

According to Moody’s, this action shows the continued strong operating performance and Danaos’ debt reduction measures, which are helped by the current very strong demand recorded by container vessels, with freight rates being at record levels.

The Greek company has a good liquidity profile since it managed...

https://container-news.com/moodys-upgrades-danaos-rating/

Δρ Ιωάννης Κούστας: Καθαρά κέρδη $331,4 εκατ. για την Danaos το α’ τρίμηνο αυξημένα κατά 11,8%

Κέρδη ρεκόρ από τα κλεισμένα χρονοναυλοσύμφωνα μέσα στο α’ τρίμηνο του 2022 με ισχύ έως το 2028 σημείωσε η εισηγμένη στην αμερικανική χρηματαγορά Danaos συμφερόντων του δρ Ιωάννη Κούστα. Η εταιρεία κατέγραψε καθαρά κέρδη 331,4 εκατομμυρίων δολαρίων έναντι 296,7 το αντίστοιχο χρονικό διάστημα του 2021. Τα λειτουργικά έσοδα ανήλθαν στα 132,1 εκατομμύρια ενώ τα προσαρμοσμένα EBITDA εκτοξεύτηκαν στα 269,4 εκατ. από 96,2 πέρσι.

Τα συνολικά έσοδα από χρονοναυλώσεις έφθασαν τα 2,7 δισεκατομμύρια...

https://www.newmoney.gr/roh/palmos-oikonomias/nautilia/dr-ioannis-koustas-kathara-kerdi-3314-ekat-gia-tin-danaos-to-a-trimino-afximena-kata-118/

Danaos enjoys strong financial results in 2021 first quarter

Danaos has published financial results for the first three months of the year.

“The first quarter of 2022 was another exceptional one for Danaos,” said Danaos’ CEO Dr. John Coustas.

More specifically, adjusted net income was US$235.3 million, or US$11.36 per share, up 305.7% year-on-year compared to 2021 first quarter.

Additionally, the company’s net income was US$331.5 million or US$16.00 per share compared to US$296.8 million or US$14.47 per share in the first quarter of last year.

“Liquidity...

https://container-news.com/danaos-enjoys-strong-financial-results-in-2021-first-quarter/

Shipping stocks in crosshairs as fears mount on China, war, inflation

shipping stocks

Shipping stocks fell sharply on Monday as Wall Street’s main indexes closed higher. Multiple shipping names sank by double digits, adding to last week’s pullback.

U.S.-listed shipowner shares face simultaneous sentiment pressures on multiple fronts.

The longer China’s COVID lockdowns last and the further they spread, the more concern there is on China’s economy, its demand for tanker and dry bulk import cargoes, and its ability to export containerized cargoes. Russia-Ukraine war fallout is...

https://www.freightwaves.com/news/shipping-stocks-in-crosshairs-as-fears-mount-on-china-war-inflation

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