Stifel Maintains Genco Shipping & Trading(GNK.US) With Hold Rating, Maintains Target Price $18
The crisis of the East Coast dock strike has been resolved, and industry insiders predict that the shipping rates for the West Coast route will begin to decrease.
①ILA and USMX have reached a preliminary agreement to avoid a dock strike on January 15. ② Analysts say that the shipping prices on the U.S. West Coast will enter a downward trend, and if the geopolitical factors in the Middle East ease, the price trend on the European route will likely decline, which will subsequently affect the profitability of shipping companies.
Trump mentioned that "military seizure of the Panama Canal and Greenland cannot be ruled out". What does he value? Trade routes!
Global warming is driving up the trade value of the Panama Canal and Greenland. Greenland's geographical location is crucial for controlling Arctic shipping routes, while melting ice is encouraging the emergence of new competition in commercial and maritime industries; at the same time, the shipping system of the Panama Canal, an important hub in global trade, continues to face serious threats from prolonged drought.
The first challenge facing Trump after taking office: Are port workers in the USA going to strike again?
Strikes will pose risks to the USA economy and place Trump in a political dilemma. The President has the authority to end the strikes, but Trump may face a dilemma of supporting labor associations against automation.
USA port workers want to launch a new round of "big strike". Is the Global supply chain crisis resurfacing?
Most economists expect that if the dockworkers' strike lasts no more than one or two weeks, then another strike will not have a significant economic impact.
Why US Port Workers Are Threatening to Strike, Again
A. G. P. Maintains Genco Shipping & Trading(GNK.US) With Buy Rating, Maintains Target Price $27
Express News | Genco Shipping & Trading Ltd - Estimates 3,675 Owned Fleet Available Days for Q4 2024
Express News | Genco Shipping & Trading- on Fleet-Wide Basis,Estimates Tce Rate for Q4 to Be About $18,300 per Day for 95% of Its Owned Available Days for Qtr
Genco Shipping & Trading (NYSE:GNK) Shareholders Are Still up 84% Over 5 Years Despite Pulling Back 8.1% in the Past Week
Insiders At Genco Shipping & Trading Sold US$63m In Stock, Alluding To Potential Weakness
Dividend Investors: Don't Be Too Quick To Buy Genco Shipping & Trading Limited (NYSE:GNK) For Its Upcoming Dividend
We Think Genco Shipping & Trading (NYSE:GNK) Can Manage Its Debt With Ease
Stifel Maintains Genco Shipping & Trading(GNK.US) With Hold Rating, Raises Target Price to $18
Genco Shipping & Trading Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Genco Shipping & Trading Limited (GNK) Q3 2024 Earnings Call Transcript Summary
Genco Shipping & Trading Limited (GNK) Q3 2024 Earnings Call Transcript
Stifel Maintains Genco Shipping & Trading(GNK.US) With Hold Rating, Maintains Target Price $17
Jefferies Maintains Buy on Genco Shipping & Trading, Maintains $25 Price Target
Wall Street's Most Accurate Analysts Spotlight On 3 Industrials Stocks With Over 5% Dividend Yields