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Jim Cramer Says He's 'Not A Fan' of Ardmore Shipping Corporation (ASC)
Wall Street's Most Accurate Analysts' Views On 3 Energy Stocks With Over 7% Dividend Yields
Supertanker Shipping Rates Surge After U.S. Sanctions Hit Availability
Declining Stock and Solid Fundamentals: Is The Market Wrong About Ardmore Shipping Corporation (NYSE:ASC)?
The crisis of the East Coast dock strike has been resolved, and industry insiders predict that the shipping rates for the West Coast route will begin to decrease.
①ILA and USMX have reached a preliminary agreement to avoid a dock strike on January 15. ② Analysts say that the shipping prices on the U.S. West Coast will enter a downward trend, and if the geopolitical factors in the Middle East ease, the price trend on the European route will likely decline, which will subsequently affect the profitability of shipping companies.
Trump mentioned that "military seizure of the Panama Canal and Greenland cannot be ruled out". What does he value? Trade routes!
Global warming is driving up the trade value of the Panama Canal and Greenland. Greenland's geographical location is crucial for controlling Arctic shipping routes, while melting ice is encouraging the emergence of new competition in commercial and maritime industries; at the same time, the shipping system of the Panama Canal, an important hub in global trade, continues to face serious threats from prolonged drought.
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