Shipping Shares Rise

Please click :-

https://www.wsj.com/articles/oil-shipping-costs-surge-threatening-u-s-exports-11570213678

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/100819-brent-dubai-spread-dips-amid-surging-freight-rates-to-asia

Tanker Freight Rates have gone up significantly in a day following US sanctions on the big Chinese tanker company Cosco.

Please click :-

https://www.reuters.com/article/us-iran-nuclear-usa-cosco-energy/global-oil-freight-rates-rocket-as-u-s-sanctions-tanker-units-of-chinese-giant-cosco-idUSKBN1WC07F

Great Eastern Shipping Co owns around 30 Tankers

https://www.greatship.com/business.html#fleet

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Important : Please do not take Any Investment Decision based on the above stated analysis. Please only do a further Self Study.

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General Warning : Investment in shares can be injurious to your WEALTH.

Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism

( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog. )