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.
The first challenge facing Trump after taking office: Are port workers in the USA going to strike again?
① With President Trump set to be inaugurated, the International Longshoremen's Association plans to hold a large-scale strike at East Coast ports in the USA, demanding new "anti-automation" protective measures. ② The strike will pose risks to the USA economy and put Trump in a political predicament. The USA president has the authority to end the strike, but Trump may face a dilemma in supporting labor unions' opposition to automation.
Why US Port Workers Are Threatening to Strike, Again
Why Navios Maritime Partners L.P. (NMM) Is One of the Best Marine Shipping Stocks to Buy According to Analysts?
Here's Why Navios Maritime Partners LP (NMM) Gained But Lagged the Market Today
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Sean wvwv : May I ask why you chose ZIM？ thanks
iamiam OP Sean wvwv : because i knew ZIM would do this [Tongue]
seriously, because the stock was sold off because shipping rates collapsed. Now they are rising again. ZIM just initiated dividends again (they stopped and that helped the selloff) they had huge dividends on the last run and the stock was in the 50s. I expect more of that returning. I expect a stock in the hundreds with dividends in the tens of dollars.
Ziggz420 : Zim is the truth but seriously they added all new ships during COVID and got that new navigation contract and because I knew they were winners been in existence since 1945
Halps : Waiting for the dividends
珊珊小强哥 Halps : Waiting for dividends
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