Belships – Gradual recovery in rates is paving the way for the better tomorrow

Belships reported nothing extraordinary this morning with the main quarterly figures broadly in line with our expectations. With some economies reopening and demand rebounding, there was a gradual improvement in spot rates during the quarter, which continues into 4Q. Longer term outlook remains promising seeing historically low orderbook, thus our positive stance towards the stock …

The post Belships – Gradual recovery in rates is paving the way for the better tomorrow first appeared on Hellenic Shipping News Worldwide.

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