Despite a precipitous decline in freight rates, stock prices and dividends continue to rise, as reported by Trade Winds.
RecessionDespite the lingering threat of a recession and rising interest rates, liner shipping equities have so far this year shown to be extraordinarily robust.
Except for a few liner shipping businesses, all have achieved year-to-date significant rises in market capitalization.
Because of this, investors like Hapag-Lloyd, AP Moller-Maersk, Zim, and...