Shipping stocks fell 26 percent in 2020

Shipping stocks fell 26 percent in 2020, the median performance of 76 shipping equities shows, according to a Clarksons Platou analysis. The year also brought intense swings.

Photo: Arkivfoto/Colourbox

Equity at a number of shipping companies declined in the past calendar year, shows an analysis by the investment arm of Clarksons Platou.

A review of 74 companies reveals average drops of 26 percent in a year that also saw major fluctuations in the stock market.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Long Beach logjam of container vessels grows to 80

Bottlenecks at major US container ports in continue to grow, with the ports of Long Beach and Los Angeles being the worst hit at the moment. Here, 80 vessels are waiting to berth, according to new figures form Vessels Value.

Further reading

Related articles

Trial banner

Latest news

See all jobs