Ocean carrier Zim, by far the largest U.S.-listed shipping company by market cap, just blew away the profit forecasts. Again. But it’s not all smooth sailing. The Israel-based shipping line (NYSE: ZIM) is particularly exposed to the trans-Pacific trade lane, where port congestion is now having an extremely negative effect on volumes. Ship scheduling data .
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Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, announced today Senior Leadership changes with the promotion of Stratos Desypris to the position of Chief Operating Officer and the appointment of Erifili Tsironi to the position of Chief Financial Officer. Mr. Desypris joined Navios Group in 2006 and served .
A perennial complaint about shipping stocks is that there are way too many of them and they’re way too small. If only there were just a handful of large-cap consolidated shipowners in each category tankers, dry bulk, containers, gas not a hodgepodge of micro-caps. The good news for ‘bigger and fewer’ proponents is .