Q3 stock recap: Ocean shipping’s winners and losers

stock market

You don’t need to know the latest quarterly results to know how shipping stocks are doing. It’s all about the present and future rates, not what happened months ago. And when it comes to rates, container-ship owners are doing much better. Tanker and dry bulk owners are still doing poorly.

Ocean shipping stocks report quarterly results later than many other business segments. In some cases, a shipping company won’t report its prior quarter until nearly the end of the current quarter. Given how...

https://s29755.pcdn.co/news/q3-stock-recap-ocean-shippings-winners-and-losers

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