Shipping stock indexes posted gains Wednesday as US equities regained some ground lost in recent bearish markets.
The Dow Jones Global Shipping Index jumped 2.9% to more than $466 in its third-straight positive session, with US shares leading the rise on a calmer day for shipping stocks elsewhere in the world.
The TradeWinds Shipping Index showed 105 shipping and offshore equities on the rise today, with 40 sinking.
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