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Market update: COSCO SHIP ENGY rose nearly 5% again, with a cumulative increase of over 20% in January. The USA's sanctions on shadow fleets are beneficial for the compliant cruise market, and the company expects an increase in annual net profit of over 1
Morgan Stanley released a research report indicating that sanctions may gradually drive the 'shadow fleet' out of the market, which would benefit the legitimate tanker market. The firm believes that the negative sentiment reflecting weaker-than-expected performance in the peak season of the fourth quarter of 2024 may improve.
Europe is about to ignite the Global Henry Hub Natural Gas competition! Is it time to pay attention to oil shipping stocks?
This year, a competition for Henry Hub Natural Gas supply will emerge globally, as Europe, which has lost Russian pipeline supply, will stimulate demand for Global liquefied natural gas.
GTJA: Future oil transportation supply and demand are expected to be better than anticipated, making the risk-return ratio appealing again.
The GTJA Research Reports indicate that the rigid supply of oil tankers will continue in the coming years, and stricter sanctions are expected to further reduce effective capacity. In the second half of 2024, the oil transportation industry's prosperity is expected to decline, intensifying demand concerns. However, GTJA believes that oil transportation demand is still expected to continue to grow, traditional Energy demand remains resilient, and increased Crude Oil Product production will be Bullish for the growth of oil transportation demand.
Here's Why Investors Should Retain Golar LNG Stock Now
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