Containers have wrestled the ocean-shipping headlines away from tankers and bulkers as stratospheric China-to-California box rates approach $4,000 per forty-foot equivalent unit (FEU). Container shipping, declares a glowing new report by Fearnleys Securities, is “The Unsung Hero.”
How can investors expose themselves to this historic trans-Pacific rate spike? Can box stocks woo tanker and bulker shareowners? And what do the curiously low prices of some container equities say about sentiment...
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