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Marine Transportation Stocks Have Avoided Treacherous Waters In 2022: Check Out 3 Smaller Players With High-Yield Dividends
Monday, November 7, 2022 - 4:01pm | 574Many marine shipping companies have been reporting a solid year earnings-wise. ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) saw its operating income in the second quarter increase by 52% year-over-year to $1.76 billion. The SonicShares Global Shipping ETF (ARCA: BOAT) provided pure-...
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JPMorgan Turns Selective On Dry Bulk Carriers, Downgrades Diana Shipping And Navios Maritime Partners
Wednesday, January 17, 2018 - 2:31pm | 450The outlook for dry bulk carriers appears strong, with a cycle peak expected later this year or in early 2019, according to JPMorgan. The Analyst JP Morgan analyst Noah Parquette downgraded shares of Diana Shipping Inc. (NYSE: DSX) and Navios Maritime Partners L.P. (NYSE: NMM) from...
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Shippers Having A Strong Day Following Recent Slide
Tuesday, December 6, 2016 - 3:53pm | 388Shipping stocks are zipping by, recouping the losses made in recent sessions. After a strong sprint in the sessions that followed the U.S. presidential elections, shipping stocks retraced part of their gains by mid-November. Recent Volatility Then followed a consolidation phase. However, renewed...