It’s going to be a crude year for stocks in the shipping sector.
That was the consensus of equity analysts on Monday on a panel at Capital Link’s international shipping forum, which has moved online this year from its usual New York home, in response to the coronavirus pandemic.
Five stock researchers told moderator Aristides Pittas, chief executive of Euroseas and EuroDry, that tankers are set to rule the seas and the stock charts over the next 12 months, with a strong lean to those carrying crude.
