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Business

Komal Bhattar

3 Shipping Stocks That Could Head Even Higher

MATX GRIN SB Matson

Container shipping is not immune to the economic headwinds affecting the broader market. Moreover, the shipping market has seen heightened volatility in its rates due to sporadic COVID-19 lockdowns in China. However, the outlook on shipping remains bullish.

The shipping industry should enjoy increased demand as economic activities spruce up with the increase in global trade. Moreover, the Russia-Ukraine war has increased global vessel demand and shipping costs.

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