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Every one knows that shipping is suffering
and yet, DANAOS (DAC), one of the largest
containership companies in the world, two days
received delivery of another contairship,
the Zim Monaco. A 260 meters long and 32 meters
wide contairship, which has already began its
12 year charter with Zim Lines.

Good times or bad times, Danaos, keeps getting
new deliveries, earning money and paying good
dividend.

The price of the shares now stands at $10.16.

Because of the quick run up I expect a little
pull back and then up to $13.00.


PHOINIX20
The Eternal Bird
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