US-listed shipping stocks began 2022 the same way they performed for full-year 2021 — on the up.
The 30 names under coverage of investment bank Jefferies recorded an average 2.5% gain in the first week of the new year, while the broader S&P 500 fell 1.9% and the small-cap Russell 2000 index slid 2.9%.
The Jefferies Shipping Index is up 57.8%
