Shipping stocks have never been for the faint of heart, and they’ve been on a particularly wild ride in the COVID era.
There have been steep plunges and historic surges along the way, with unexpected twists and turns. What could be around the corner?
U.S.-listed equities in the three main segments — tankers, containers and dry bulk — are following different patterns. To put these shipping stock moves in context, from the onset of COVID until today, American Shipper spoke in depth with Evercore ISI analyst Jon Chappell and Jefferies analyst Randy Giveans.