Highly vulnerable shipping stocks sink as China fears mount

Nov. 29, 2022 9:57 AM ETNordic American Tankers Limited (NAT), EURN, ZIMFRO, STNG, ASC, INSWBy: Carl Surran, SA News Editor

Oil Tanker


Ocean shipping stocks could rebound Tuesday after extending their recent declines Monday, as Jefferies analysts raise EPS estimates and stock price targets as the group's earnings power has "strengthened materially."

The tanker market approaches winter with tight supply

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