Randy Giveans

A deal involving the acquisition of five ships has furthered a Jefferies analyst's bullish sentiment on Danaos Corp. (NYSE: DAC). The Danaos Analyst: Randy Giveans reiterated a Buy rating on shares of Danaos, increasing the firm’s price target from $87 to $90. The Danaos...

Containers have wrestled the ocean-shipping headlines away from tankers and bulkers as stratospheric China-to-California box rates approach $4,000 per forty-foot equivalent unit (FEU). Container shipping, declares a glowing new report by Fearnleys Securities, is "The Unsung Hero." How can...

The tanker sector refuses to follow its script. Rates were supposed to keep on sinking into the summer. They didn't. Rates for very large crude carriers (VLCCs; tankers that carry 2 million barrels of crude oil) have jumped well off recent lows, to nearly double last year's rate. VLCC spot rates...

It is the year of the retail investor, and listed shipowners, like other public companies, have seen a wave of newcomers buy their stock. Shipowners are happy. They need all the buyers they can get to boost their tepid trading liquidity. Retail buyers of shipping stocks are not so happy. In the...

It’s been a wild ride for many shipping stock investors over the past year, but Jefferies sees smooth sailing ahead for a number of tanker stocks in 2018. The Analyst Jefferies analyst Randy Giveans set Buy ratings for the following 13 tanker and LNG stocks: DHT Holdings Inc (NYSE: DHT...