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Major bank rating | JPMorgan: Industry forecasts show that future shipping demand will slow down in the coming months, lowering Orient Overseas target price to HK$166.
According to the industry forecast, the demand is expected to slow down in the coming months, but it is anticipated that freight rates in the fourth quarter will not have a significant adjustment. Looking ahead to 2025, the industry's supply and demand imbalance situation may improve.
Is the ticking time bomb of the East Coast port strike about to explode? Shipping companies are adding surcharges to cope with it, and Maersk's stock price is soaring.
1. The B-shares of Maersk, traded in Denmark, once rose by nearly 4.9%, reaching the highest level since August 2, with a cumulative increase of nearly 20% in the past two weeks; 2. Maersk stated that even if the strike in the USA only lasts one week, it may have a huge impact on the supply chain, causing a disruption of four to six weeks.
Castor Maritime Entered, Through A Separate Wholly-Owned Subsidiary, Into An Agreement To Acquire A 2009-Built 1,850 TEU Containership Vessel From An Unaffiliated Third-Party For A Purchase Price Of $16.49M; Expects To Finance The Acquisition With...
Castor Maritime's Successful 2024 Shareholders Meeting
Castor Maritime Inc. Announces Results of Its 2024 Annual General Meeting of Shareholders
Big plunge! The European shipping line has accumulated a sharp drop of 62%, what happened?
What happened?