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Stock impact report

3 Shipping Stocks Navigating Toward Year-End Gains [Yahoo! Finance]

Euroseas Ltd. (ESEA) 
Last euroseas ltd. earnings: 2/19 09:05 am Check Earnings Report
US:NASDAQ Investor Relations: euroseas.gr
Company Research Source: Yahoo! Finance
supply-chain disruptions, increased operational costs and geopolitical woes. The industry has benefited from an improvement in demand for goods and commodities from pandemic lows. The prevalent tensions in the Red Sea and the resultant limited container availability caused a surge in freight costs. The re-opening of the Chinese economy came as good news for the industry participants. The strong outlook for the Capesize market also bodes well for shipping stocks. In 2024, the supply/demand balance has improved and the year is expected to end on stronger note than 2023 on this front. The Zacks Transportation - Shipping industry has gained in double digits so far this year and the tailwinds are expected to continue next year. Given this backdrop, investors interested in the industry would do well to bet on stocks like ZIM Integrated Shipping Services Limited ZIM, Euroseas Limited ESEA and Viking Holdings Limited VIK for handsome returns. Let's take a more detailed look into the facto Show less Read more
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