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Shipping stocks surge on high freight rates | Hellenic Shipping News Worldwide


Shipping stocks surge on high freight rates
Shares of shipping companies jumped strongly on Thursday after freight rates hit a 10-year high, led by Precious Shipping (PSL) soaring 10.83 per cent to 17.40 baht per share at the mid-day break.
Precious Shipping peaked at 17.70 baht at 12.21 pm, up 12.74 per cent from its closing price on Wednesday. Transaction value in the morning session was 1.16 billion baht.
The Baltic Dry Index (BDI) climbed 9.6 per cent to close at 2,710 points on Wednesday, the highest since October 2010, gaining for a sixth straight session as shipping demand and supply continued to mismatch, according to UOB Kayhian Securities. ....

Precious Shipping , Baltic Dry Index , Thai Agencies , Regional Container Lines , Krungsri Securities , ப்ரெஶியஸ் கப்பல் போக்குவரத்து , பால்டிக் உலர்ந்த குறியீட்டு , பிராந்திய கொள்கலன் கோடுகள் ,