Tag: shipping stocks

Shipping Stocks Up and Ready for Buying

Accordingly, the Baltic Dry Index (BDI) – a proxy for global dry freight rates across 23 routes – surged to a 19-month high...

Pan Ocean Shares To Rise in 2021, Uptrend BDI

Ocean shipping in favor in 2021, shipbuilding in 2022; top pick is Pan Ocean. Shipbuilding and ocean shipping stocks have been following a...

Baltic Dry Futures Witness Recent Surge in Gains

Seeking Alpha reports of a recent uptrend in the Baltic dry index. Baltic Dry Futures The Baltic Dry Index (BDIY:IND) rose 3.08% to land...

Container Shipping Industry To Have Record Breaking Q3 Results

Container-line profits exceeded expectations in Q2 2020, a period when volumes were weak. In the third quarter, volumes and rates surged — and not...

DHT Acquire Stocks at Spot Rates

The leading tanker major DHT is back in takeover mode with asset prices poised to fall, DHT preps to buy. The quarterly call...

Tanker Stocks Collapse To Fresh 52-Week Low

FreightWaves ran the numbers on the larger U.S.-listed ship owners — and not to rub salt in the wound, but the numbers are...

Shipping Shares Plunge As Day Trading Picks Up Pace

Shipping stocks once again wallow in a sea of red, with yet another plunge due to COVID-19. Market caps remain minuscule, more offerings...
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