In the company’s earnings report chief executive Michael Bodouroglou argued that there is an “upward trend” in day rates across the board.

He also said the total number of idle containerships “remains at very low levels” and noted newbuilding slots are, for the most part, spoken for until 2017.

“We believe, there are, therefore, several economic factors pointing towards a further rebound in the market that should help increase asset values and improve charter rates further,” he continued.

Bodouroglou