Subscribe to Premium
Subscribe to Premium
Advanced Search
+

Comment / Danaos – what goes boo-hoo to a 'NOO'?

dreamstime_xs_79693092
ID 79693092 © Palinchak | Dreamstime.com
By

The non-operating shipowners (NOOs) have been enjoying a bull run for quite some time now.

In fact, the box rate downturn between the end of the Covid and the first Houthi attack on shipping was not long enough to inflict any lasting damage on balance sheets and the Cape of Good Hope diversions could hardly be a more beneficial environment for business.

’Astonishing’

Alphaliner described it as astonishing in its fortnightly charter market commentary earlier this month (click to expand the table below):

“The ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or subscribe to Premium

Or buy full access to this story for £15.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Calculating Capacity Danaos Shipping Global Ship Lease Non-operating containership owners (NOOs) Playing the asset game