Drewry: Tanker Shipping Stocks Outperforming the S&P 500

As of 29 May 2024, the Drewry Crude Tanker Equity Index and the Drewry Product Tanker Equity Index saw substantial YTD gains of 21.7% and 31.5% respectively outperforming the S&P 500’s 10.4% rise over the same period. This difference primarily highlights the recent upswing in sectoral indices. In May alone, the crude and product tanker …

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