Containership time-charter lengths – and daily rates – break new records
Four-year-plus charter deals are becoming the norm as shipowners ratchet up the pressure on liner ...
If there’s one broker that deserves credit as far as their call on Danaos is concerned, it’s surely Jefferies – which safely labelled the non-operating container ship owner “a top pick” around the end of the third quarter.
Even for them, though, the rally was too good to be predicted. You read it here: Jefferies adjusts Danaos’ price target to $18 from $13, keeps buy rating.
At one point yesterday, in less than three months, its performance read +172%, but then something went ...
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