DHT Holdings: Management Is More Realistic About The Headwinds Than Biased Investors

Seeking Alpha | Feb 14, 2020 at 3:05 AM
  • This research report was first published to subscribers of Boslego Risk Services February 10, 2020.
  • Looking ahead, McQuilling Services expects a weak freight rate structure in 2020 due to a modest demand growth of 1% resulting from lower-than-previously-expected long haul demand growth from the Atlantic Basis to Asia.
  • Confirmation bias has led investors to remain long shipping names, unable to protect themselves or benefit by shifting from long positions to short positions.