Ardmore Shipping: Safety In The Seas As TCE Rates May Permanently Elevate
ASCArdmore Shipping(ASC) Seeking Alpha·2024-05-12 20:03

Alexey Bakharev The global shipping market is among the most interesting today because it, for the most part, is positively impacted by generally bad news. That is to say that shipping, particularly commodity shipping, benefits from the increased strain in geopolitical relations and tepid global economic conditions. After over a decade of poor performance, most shipping stocks have doubled, tripled, or more from their previous lows. One notable example is Ardmore Shipping (NYSE:ASC), which recently shot up ...