- We are bullish on the entire marine/shipping industry for quite some time, and on containerships particularly over recent months.
- Nonetheless, it's important to note that this is not a "buy and hold" industry. As a matter of fact, it's one of the most cyclical and volatile industries out there.
- You may board a cruise, but you must keep things under control. If you get caught at the wrong side of the cycle - things may turn brutal quickly.
- Danaos is one of, if not the best name you can pick out there, but even here - expectations must be reasonable.
- At the end of the day, it's important to remember that after being loaded, containers need to be offloaded too, before the ship is running out of fuel.
For further details see:
Danaos: Safe Cruise (Under) Control