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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.
Performance Shipping's (NASDAQ:PSHG) Returns On Capital Are Heading Higher
SPHINX INVESTMENT CORP. ANNOUNCES EXTENSION OF TENDER OFFER TO PURCHASE ALL OUTSTANDING COMMON SHARES AND ASSOCIATED RIGHTS OF PERFORMANCE SHIPPING INC.
Big plunge! The European shipping line has accumulated a sharp drop of 62%, what happened?
What happened?
Hapag-Lloyd to Increasingly Focus on Growth, Service Quality -- Update
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