Discover and read the best of Twitter Threads about #containership
Most recents (3)
Think Different- in #shipping. A case study rvw 🧵.
We published our first public bullish report on #containership #shipping 2 yrs ago.
Our picks: +386% after 2y, *after* including the big pullback in mid-2022 (1y returns even higher!).
Report: seekingalpha.com/article/437598…
1/6
We published our first public bullish report on #containership #shipping 2 yrs ago.
Our picks: +386% after 2y, *after* including the big pullback in mid-2022 (1y returns even higher!).
Report: seekingalpha.com/article/437598…
1/6
After patiently accumulating #shipping during the 2020 carnage, we shared a conviction sector alert in August 2020 with 5 diversified picks.
This call was *NOT* popular at the time.
+224% in 25 months after after weak trading this summer.
Report: seekingalpha.com/article/436830…
2/6
This call was *NOT* popular at the time.
+224% in 25 months after after weak trading this summer.
Report: seekingalpha.com/article/436830…
2/6
More recently, our exclusive #shipping #research focus shifted to #tankers, where we issued a buy report on 31 January 2022 due to skewed negative sentiment and lopsided risk/reward.
Very few talking tankers back then!
+153% in 8 months.
Report: dropbox.com/s/0ahcpflu74xa…
3/6
Very few talking tankers back then!
+153% in 8 months.
Report: dropbox.com/s/0ahcpflu74xa…
3/6
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Peak in charter expirations moves to 2025 as non-operating owners lock in more long-term deals
Peak in charter expirations moves to 2025 as non-operating owners lock in more long-term deals
2 of 5
Less than 20% of the publicly-listed non-operating owners’ (NOO) charter capacity will come up for renewal in the next 18 months, one of the lowest ratios seen in the modern container market.
The trend reflects the large number of multi-year contracts signed by NOOs...
Less than 20% of the publicly-listed non-operating owners’ (NOO) charter capacity will come up for renewal in the next 18 months, one of the lowest ratios seen in the modern container market.
The trend reflects the large number of multi-year contracts signed by NOOs...
With #containership rates chugging along and $DAC completing a massive #buyback, I thought I'd take a look at their charter book. Nearly half their charters expire in 2H20, meaning they have fair exposure to the improving rates.
For $CMRE. Far less exposure to the current rate environment with only 34% of charter coverage expiring in 2H20.
For $NMCI. Significant exposure to current rates with nearly 80% of charters expiring in 2H20. The Navios Verano trading in spot is included in the 2H20 expiry for exposure. The Navios Lapis and Navios Tempo switch to an index-linked rate in 2H20, and thus are included as well.
