Greg Miller
Tuesday, July 9, 2019
Is bull theory on shipping stock rebirth just wishful thinking?
Hope springs eternal for shipping stocks. Some analysts claim now is finally the time to jump back in.
Hope springs eternal for shipping stocks. Some analysts claim now is finally the time to jump back in.
Performance Shipping’s expansion into the tanker sector underscores the continued appeal of diversification to listed ship owners.
It has been the slowest start of the year on record for shipping on Wall Street.
If a trade war pares GDP growth, OPEC cuts may be extended, weighing tanker rates.
Crude tanker owner DHT Holdings believes the stage is now set for a pronounced upswing in rates.
Stocks of publicly listed ship owners, particularly in the dry bulk sector, are feeling the fallout of trade tensions.