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Container market recovery ‘still at an early stage’, Navios tells investors

Bidding to pull off the first successful shipping IPO in the US for more than three years, Navios Maritime Containers is telling investors that despite recent gains market history suggests that there remains scope for dramatic increases in charter rates and asset values

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IPO hopeful says that thanks to entering the market at a low point it is already generating cash but that there is a long way to go before the market even hits historical averages

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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