There has been a recent play that has caught my eye in the shipping container industry. Pan Ocean Container Supplies Ltd. (PAOC). The spread has tightened to 1.96x2.00. $PAOC also just signed an agreement with Pan Ocean (China) IMO it looks like $PAOC is ready to move. For those who don't know much about the staggering shipping container industry. The maritime container shipping industry increases at an annual rate of about 10%. Almost 90% of the world’s manufactured goods are moved by container, and roughly 40% arriving by ship. In the USA, more than 95% of non-North American trade arrives by ship, most of which is transported in maritime shipping containers. Get $PAOC on your radar.
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