Seand commented on a stock · Mar 8, 2021 08:19

rate hike and asset appreciation

$Euroseas (ESEA.US)$ During the fourth quarter of 2020 and early 2021, containership time charter rates have increased significantly despite further concerns about the coronavirus pandemic, exceeding median levels and reaching twelve-year highs for certain sizes. The quarter also registered an increase of more than 40% in secondhand sale prices for the 1,700 to 4,500 teu containership size range, for both younger and older fleets.

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