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Glimmer Of Hope Despite Challenges In Global Shipping Environment
The World Trade Organisation (WTO) revised its forecast for global trade volume growth to 2.6% from an earlier 3.3%, citing reduced water levels in the Panama Canal due to severe drought conditions.
12 Industrials Stocks Moving In Monday's Intraday Session
GainersSilynxcom (AMEX:SYNX) stock rose 31.7% to $3.41 during Monday's regular session. The company's market cap stands at $17.9 million. Castor Maritime (NASDAQ:CTRM) stock increased by 13.51% to $4.
Recovery in global commodity trade pushes up shipping charges and resurgence of tight supply chains
The catalyst for the month-long rise in sea freight rates came more from concern than optimism, including concerns about Asian port congestion, North American labor strikes that could hinder port or rail services, and heightened geopolitical tension.
Maxim Group Maintains EuroDry(EDRY.US) With Buy Rating, Maintains Target Price $30
Maxim Group analyst Tate Sullivan maintains $EuroDry(EDRY.US)$ with a buy rating, and maintains the target price at $30.According to TipRanks data, the analyst has a success rate of 50.3% and a total
Bullish on EuroDry: A Buy Rating Amid Favorable Dry Bulk Shipping Trends and Strong Financials
Noble Financial Maintains EuroDry(EDRY.US) With Buy Rating, Maintains Target Price $30
Noble Financial analyst Michael Heim maintains $EuroDry(EDRY.US)$ with a buy rating, and maintains the target price at $30.According to TipRanks data, the analyst has a success rate of 50.0% and a tot
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