Mitsui O.S.K. Lines' Earnings Reports have crashed, and fears over tariffs are spreading, leading to a sharp decline in the stock prices of Japan's three major shipping companies.

On Wednesday, Japan's shipping Sector was under pressure, with Mitsui O.S.K. Lines, Kawasaki Kisen Kaisha, and Nippon Yusen Kabushiki Kaisha once dropping over 10%. The cause was Mitsui O.S.K. Lines issuing a performance forecast for 2026 that was far below expectations. The company warned that US tariff policies would suppress freight demand, putting prices under downward pressure. Analysts warned that Mitsui O.S.K. Lines' guidance indicates that the situation might be more dire than expected.

wallstreetcnApr 30 16:18

Why Amplify Energy Shares Are Trading Higher By Over 15%; Here Are 20 Stocks Moving Premarket

BenzingaApr 28 17:10

"Immediate action"! Trump seeks free passage for US ships through the Panama and Suez Canals.

Trump arrogantly claimed that without the USA, neither Panama nor the Suez Canal would "exist." He has ordered Secretary of State Rubio to take measures "immediately."

Golden10 DataApr 28 10:19

USA ships should have free passage! Trump "once again made a comment": Without the USA, the Panama and Suez Canals would not exist.

On Saturday, Trump suddenly declared that USA commercial and military vessels should pass through the Panama Canal and the Suez Canal free of charge, stating that "without the USA, these canals would not exist."

Zhitong FinanceApr 27 14:20

Trump Urges Free Transit For US Ships On Panama Canal

Business TodayApr 27 11:47

Trump made another domineering statement: USA ships should pass through the Panama Canal and the Suez Canal for free.

① The President of the USA, Trump, stated on Saturday that American warships and commercial vessels should not pay when passing through the Panama Canal and the Suez Canal; ② he also mentioned that these canals would not exist without the USA; however, he did not provide any evidence for this statement.

cls.cnApr 27 09:37