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Does volatility in Baltic TCE rates drive tanker shipping stocks?

The surge in COVID-19 cases in the past few days took a toll on stocks of tanker shipping companies and key US market indices. Dow Jones Industrial Average (DJIA) and Nasdaq slid 1,816 points (6.4%) and 543 points (4.7%) respectively between 23 October and 28 October. All six crude tanker shipping stocks under over coverage ...

The post Does volatility in Baltic TCE rates drive tanker shipping stocks? first appeared on Hellenic Shipping News Worldwide.

WP_Post Object ( [ID] => 233716 [post_author] => 78 [post_date] => 2020-10-30 22:00:58 [post_date_gmt] => 2020-10-30 22:00:58 [post_content] =>

The surge in COVID-19 cases in the past few days took a toll on stocks of tanker shipping companies and key US market indices. Dow Jones Industrial Average (DJIA) and Nasdaq slid 1,816 points (6.4%) and 543 points (4.7%) respectively between 23 October and 28 October. All six crude tanker shipping stocks under over coverage ...

The post Does volatility in Baltic TCE rates drive tanker shipping stocks? first appeared on Hellenic Shipping News Worldwide.

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