Carriers

Shipping stocks fall to pre-Red Sea conflict levels

”The trend contrasts with freight rates which, while also falling, are still firm compared to pre-conflict levels,” Alphaliner writes.
Archive photo: just one company's share was trading at above Oct 7 levels at the beginning of this week. | Photo: Suez Canal Authority/Reuters/Ritzau Scanpix
Archive photo: just one company's share was trading at above Oct 7 levels at the beginning of this week. | Photo: Suez Canal Authority/Reuters/Ritzau Scanpix
by LIV ALMER

The share prices of container shipping companies have begun to fall after being boosted by the now months-long conflict in the Red Sea, Alphaliner reports.

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