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Normally, within each sector, there are some segments that are more attractive while others are less. We struggle to find such a segment within the Industrials sector, but one category does stand out above all others: Shipping. Not only is shipping the most attractive segment...
Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, is saddened to report the passing of Robert A. Mundell, who served as an invaluable member of Danaos’ Board of Directors from 2006, when the company went public, through 2015. ...
In early-January, I posted a report calling for 2021 to be "the year for shipping." Despite a phenomenal year of earnings and free cash flow, most shipping stocks struggled during 2020 due to incorrect market perceptions. In 2021, the markets have finally figured out the underlyin...
Not your typical March as the month came 'in like a lamb, and out like a lion.' No, we aren’t discussing precipitation in March, but the precipitous equity market behavior for the U.S stock market on the precipice of all-time highs and what that means for the top stocks moving into Apr...
Shipping analysts think the situation in the Suez Canal is a positive for a select group of companies that will benefit from tight containership supply and higher rates. The Suez Canal accident is overwhelmingly good news for shipowners that charter vessels to liners, according to Stifel anal...
The Suez Canal blockade is potentially worse than Bloomberg and other financial media currently report. There's consensus a longer-duration blockade could be disruptive. Boskalis CEO seems to offer credible perspective that things could be worse than anticipated. For further...
Container ship leasing companies are making a lot of money. The best thing is they are able to sign long-term contracts that ensure strong cash flows for years out. Meanwhile, the order book backdrop is very bullish for shipping broadly in the medium to long term. There's the ...
I'm very bullish on the shipping sector broadly. In my view, it's a matter of when and not if shipping is going to deliver. Container shipping is minting money and companies are able to take advantage by signing long-term contracts. With some luck, these lucrative contracts en...
Danaos has appreciated 600%+ since I first wrote about it. The trends of rising charter rates and lower debt costs have only accelerated. The company's valuation has risen but remains below fair value. For further details see: Danaos: Revisiting My Original Thesis And Fi...
Danaos Corporation (NYSE: DAC ), one of the world’s largest independent owners of containerships, announced today that its Annual Report on Form 20-F for the year ended December 31, 2020 has been filed with the Securities and Exchange Commission and can be accessed on the Com...
News, Short Squeeze, Breakout and More Instantly...
Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, announced today that (i) it has added $616 million to its contracted revenue backlog and (ii) has added an extra five newbuilding containerships to its orderbook. The contract revenue backl...
2024-06-10 21:28:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-30 05:04:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...