Zim's charter parties and the bunfight to come
…when freight rates go bananas
“We foresaw the ongoing disruption in the supply chains and tightening of the container market through 2022 many quarters ago. Our outlook directed our growth and chartering strategy, both of which have maximized our returns.
“On the other hand, our investment in Zim shares has surpassed all reasonable expectations and led to Danaos posting in excess of $1 billion in reported net income for 2021.” – Danaos (DAC) CEO John Coustas, 7 February 2022, Q4 21 and annual results.
As ...
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