Stocks of container and dry bulk shipowners took a beating this summer. Tanker stocks continued their ascent, with many U.S.-listed tanker owners hitting fresh 52-week highs on Tuesday.
The consensus on tanker earnings: They’ve moved past their trough and are headed up from here. “The tanker sector can be characterized now as officially firing on all cylinders,” said Jefferies analyst Omar Nokta in a report this week.
The consensus on container shipping and dry bulk earnings: They’ve moved past...