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Ports Strike Could Have $4 Billion Daily Impact, but These Container Stocks Are Well Positioned
9 Industrials Stocks With Whale Alerts In Today's Session
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.
Star Bulk Carriers Corp. (SBLK): Why Are Street Analysts Bullish on This Marine Shipping Stock?
Star Bulk Carriers Call Volume Above Normal and Directionally Bullish
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.
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stockmarkettec : Thanks for the heads up.
TRIUMPHANT RETURNS : JD is down, baba is just masquerading bond since only jack ma can approve board seats.