EVERGREEN MARINE INVESTMENT FORECASTThis analysis is based on some leads and i cant say anything more
my sources are bullish but ive put a break case senaio considering the
pulback im expecting
2603 trade ideas
Four major shipping stocks hit new all-time highs in 2021- These four charts show how four major shipping stocks made parabolic advances off the February 2020, post-COVID-crash lows.
- The four charts are in log scale and each depicts five years of price action.
- Was the pandemic and QE infinity a boon for shipping? You bet it was.
Shipping stocks YTD - From the Ever Given crisis and beyondThis chart shows how major shipping stocks - including Ever Given operator, Evergreen Marine Corp. - reacted to the Suez Canal blockage of March 2021.
Shipping stocks YTD - From the Ever Given crisis and beyondThis chart shows how major shipping stocks - including Ever Given operator, Evergreen Marine Corp. - reacted to the Suez Canal blockage of March 2021.
Shipping stocks YTD - From the Ever Given crisis and beyondThis chart shows how major shipping stocks - including Ever Given operator, Evergreen Marine Corp. - reacted to the Suez Canal blockage of March 2021.
Suez Canal FiascoWe've all heard about the big ass ship stuck in Egypt's Suez Canal last week. On Tuesday morning (3/23) the 'Ever-Given' vessel, leased by Taiwanese Company EVERGREEN; was caught up in a 'Darude-like' sandstorm causing over 10 billion in damages so far and unforetold shipping delays.
The Suez accounts for 30% of imports coming into Europe from Asia. There are currently 150+ container ships caught in this costly traffic jam, where the estimated costs of waiting are upwards of $400Million/hour according to various news sources.
Looking for ways to capitalize on News events? If you have access to Asian markets; take some shorts on lease owner EVERGREEN 2603. They had positive reported earning on Monday just one day before the shitstorm and there's a definite shift in momentum back to 30-lvl support.
Also consider short positions in the vessel owner; Japanese Shoei Kisen KK. UK P&I Club Insurance is meant to cover pollution and injury, not cover hundreds of lawsuits for this costly conundrum..
Let's get it!
static01.nyt.com
container transportation and shipping companybefore RCL had risen, it has hint by the global stock company that continues to rise before RCL.
