Equity analyst who initiated researchcoverage of the company just hours before the revelation took shape were quickto point out that there were only three capes in its newbuilding stable when itcompleted a New York listing just last month.
Several noted the 180,000-dwt vesselsare due for delivery between the first quarter of 2015 and third quarter of2016, which suggests the fledgling operator is confident that demand for ironore will continue to rise in the coming years.
Yustin
