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Live Webinar: Wednesday, May 31, 2023, at 10 a.m. EST Danaos Corporation, Euroseas Ltd., Global Ship Lease and MPC Container Ships To Discuss the Container Sector Current Trends & Outlook

Published: 2023-05-24 19:05:00 ET
<<<  go to GSL company page

Approved for 1 CFP CE Credit

NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) -- Capital Link will host a complimentary webinar on Wednesday, May 31, 2023, at 10 a.m. Eastern Time on the Container shipping sector.

REGISTRATIONOnline attendance is complimentary. Please click on the link below to register.

https://us06web.zoom.us/webinar/register/WN_8xfolqE4RAu6b7VT88iIAw#/registration

FEATURED PANELISTS

  • Evangelos Hatzis, CFO - Danaos Corporation (NYSE:DAC)
  • Aristides Pittas, CEO & Chairman - Euroseas Ltd. (NASDAQ:ESEA)
  • Ian Webber, CEO - Global Ship Lease (NYSE:GSL)
  • Constantin Baack, CEO – MPC Container Ships ASA (MPCC:OSLO)

MODERATED BY:

  • Benjamin Nolan, Managing Director Energy & Power, Transportation - Stifel

WEBINAR OVERVIEW

The container market now appears to be striking a balance between current supply and demand with rates stabilizing around pre-covid levels. This webinar will discuss market trends, fundamentals, and the sector’s outlook. The participants will offer their insights into the importance of economic stabilization and trade normalization, the impact of the EEXI, and how well the market can absorb another round of capacity introductions.

WEBINAR STRUCTURE

The webinar will consist of a roundtable discussion with the moderator and the panelists. It will last for a total of one hour, with 45 minutes allotted for the panel discussion, followed by a 15-minute Q&A session.

Q&A – SUBMITTING QUESTIONS

Participants can submit questions to the panelists prior to or during the event through the special feature on the event page, or they can email them to us at questions@capitallink.com.

FORWARD-LOOKING STATEMENTS

These webinars and presentations may contain "forward-looking statements." Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "projects," "forecasts," "may," "will," "should" and similar expressions are forward-looking statements. These statements are not historical facts but instead represent only the beliefs of each participating Company regarding future results, many of which, by their nature are inherently uncertain and outside of the control of the Companies. Actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For more information about risks and uncertainties associated with the participating companies, please refer to the regulatory filings of each participating company with the SEC.

ABOUT DANAOS CORPORATION

Danaos Corporation is one of the largest independent owners of modern, large-size containerships. We charter our containerships on long-term contracts at fixed rates to many of the world's largest liner companies. Our distinct edge in advanced shipping technology and long track record of safety, efficiency, and environmental responsibility has helped us forge lasting relationships with our customers. Our conservative and disciplined approach to fleet growth has positioned us to exploit market opportunities during periods of low ship prices and reduced demand.

ABOUT EUROSEAS LTD.

Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over the past 140 years. Euroseas trades on the NASDAQ Capital Market under the ticker ESEA. Euroseas operates in the container shipping market. Euroseas' operations are managed by Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. Euroseas employs its vessels on spot and period charters and through pool arrangements. The Company has a fleet of 18 vessels comprising of 11 Feeder and 7 Intermediate containerships. Euroseas 18 containerships have a cargo capacity of 56,061 teu. On a fully-delivered basis of its vessels under construction, the Company's fleet will increase to 26 containerships with a cargo capacity of about 75,461 teu.

ABOUT GLOBAL SHIP LEASE

Global Ship Lease (GSL) is a containership owner, leasing ships to container shipping companies under industry-standard, fixed-rate time charters. The Company is a Marshall Islands Corporation, with offices in London and Athens, and has been listed on the New York Stock Exchange since August 15, 2008, under the ticker NYSE:GSL. We focus on mid-size Post-Panamax and smaller containerships, the workhorses of the global fleet, which tend to serve the faster-growing non-Mainlane and intra-regional trades collectively representing over 70% of global containerized trade volumes. Our goal is to provide our liner operator customers with well-specified, operationally flexible, reliable, fuel-efficient, high-reefer capacity, low slot cost containerships to support their operations within the highly competitive global logistics industry.

ABOUT MPC CONTAINER SHIPS ASA

MPC Container Ships commenced operations in April 2017 and has since grown into one of the world's largest container tonnage providers. The Company owns and operates small- to mid-size container ships serving intra-regional trade lanes on fixed-rate charters. Intra-regional services support main trade lanes by connecting ports on intercontinental shipping lanes with one or more smaller ports. MPC Container Ships has been listed on the main list of the Oslo Stock Exchange since May 2018 with the ticker symbol "MPCC".

ORGANIZER – CAPITAL LINK, INC.

Founded in 1995, Capital Link provides Investor & Public Relations and Media services to several listed and private companies, including companies featured in these webinars. Our webinars, including the ones mentioned above, are for informational and educational purposes and should not be relied upon. They do not constitute an offer to buy or sell securities or investment advice or advice of any kind. The views expressed are not those of Capital Link which bears no responsibility for them. In addition, Capital Link organizes a series of industry and investment conferences annually in key industry centers in the United States, Europe and Asia, all of which are known for combining rich educational and informational content with unique marketing and networking opportunities. Capital Link is a member of the Baltic Exchange. Based in New York City, Capital Link has presence in London, Athens & Oslo. For additional information please visit: www.capitallink.com.

FOR FURTHER INFORMATION ON CAPITAL LINK’S WEBINARS & PODCASTS PLEASE CONTACT:

NEW YORKMr. Nicolas Bornozis/Ms. Anny ZhuTel. +1 212 661 7566Email: forum@capitallink.com

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Source: Capital Link