The loosening of Covid-19 strictures has led to a significant expansion in seaborne global trade. The principal beneficiaries of this expansion have included the owners of bulk carriers and containerships. In this report, I will evaluate the merits
A Rising Tide Lifts All Boats: 5 Marine Stocks To Consider
Summary
- Container and bulk carrier shipping markets continue to improve.
- Despite YTD appreciation, significant upside for stocks with exposure to seaborne trade is still in the offing, especially for names leveraged to the bulk carrier market.
- Capital appreciation will be underpinned by future dividend increases.
High yield petroleum,metals and mining analyst with significant experience as a sell-side analyst with long/short and stressed/distressed debt investments. Have worked at firms ranging from Citicorp to Guggenheim Securities during a career spanning over 20 years.
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