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.