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AMKAF - Why Yesterday's Massive Selloff In Shipping Stocks Presents An Excellent Buying Opportunity
A.P. Moller - Maersk A/S
October 4th saw a massive selloff in the shipping industry.
This seems to have primarily been in line with broader market trends and short term fluctuations in container rates.
Given the season nature of the rate selloff and insulation of many companies from these fluctuations, this steep drop in share prices presents a great buying opportunity.