Inflation worries triggered by signals from the US Federal Reserve helped send New York-listed shipping stocks into the red last week.
The 30 stocks under the coverage of investment bank Jefferies lost an average of 5% with only two registering gains on a week when the S&P 500 lost 1.9% and the small-cap Russell 2000 index shed 4.2%.
It was the worst week for the Dow Jones Industrial Average since October as the Federal Reserve's new guidance suggested higher inflation this year and the possibility of a...
