Forward contract cover locked in for 76% of 2025 days and 49% of 2026 days, and breakevens reduced to enhance through-cycle profitability and cashflow generation, supporting annualized dividend of $1.
The firm is this week in the process of finalising orders of 12 17,000 TEU dual-fuelled ships from Yangzijiang Shipbuilding and another 12 8,500-9,000 TEU ones from New Century Shipbuilding ...
crew members “jury-rigged” the ship, the complaint alleged. It also noted cracked equipment in the engine room and pieces of cargo shaken loose. The ship’s electrical equipment was in such bad ...