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Top 3 Singapore Shipping Stocks That Can Sail Higher
By SmallCapAsia  •  June 22, 2022
Extended lockdowns due to China’s zero-tolerance approach to COVID-19 has resulted in global supply chain disruptions and surging freight costs. Apple and Tesla have already announced that their costs of production are increasing and will probably be cascaded to higher selling prices going forward. Analysts are saying that trillions of dollars in global goods trade are affected as shipping ports are backlogged and the situation would only ease off 2nd half next year. With that in mind, let’s check out 3 Shipping Stocks that you probably didn’t know about in Singapore. Shipping Stock #1 – Samudera Shipping Samudera Shipping Line Ltd (SGX: S56) is a cargo transportation company which is engaged in owning and operating of ocean-going ships and the provision of containerized feeder shipping services. Its segments include Container Shipping, Bulk and Tanker, Agencies and Logistics. The Container Shipping segment provides feeder services for the transportation of containerized...
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By SmallCapAsia
Our slogan is simple: Start Small, Win Big! What does it mean? Simply put, we want you to invest your small pockets of money and eventually have them balloon into hoards of cash in the long run – so that you can live your dream lifestyle and most importantly, retire comfortably without having to worry for another day.
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