US shipping stocks avoided sell-downs seen elsewhere in the world on Wednesday after the nation woke up to see Donald Trump heading for the White House.

Asian and later some European maritime equities felt pressure from Trump’s victory today, but many of the leading shipping names listed in New York were trading strongly by lunchtime.

The Stateside shipping stocks were riding a rise in broader markets that defied the expectations that a victory by the Republican candidate would fuel a decline in share prices.

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