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Singapore port is crazy congested! With the arrival of peak shipping season, will the 'big jamming vessels' continue to drive up freight rates?
The congestion at Singapore port highlights the ripple effect of the Red Sea attack on the global economy.
Implied Volatility Surging for Nordic American Tankers (NAT) Stock Options
A new risk has emerged in global shipping: tens of thousands of American port workers may stage large-scale strikes.
① The global transportation industry is facing a new risk this week: Dockworkers at ports along the east coast and Gulf of Mexico in the USA may hold a large-scale strike. ② If the union initiates the strike in early October, it will coincide with the peak shipping season for US holiday containers and the critical period before the US election, which is likely to have an impact on domestic politics and global trade security in the USA.
Individual Investors Account for 54% of Nordic American Tankers Limited's (NYSE:NAT) Ownership, While Institutions Account for 42%
Shipping Company Shares Sink on Possible Slowing of Red Sea Hostilities
Express News | NYSE Order Imbalance 85363.0 Shares on Buy Side