US-listed shipping stocks closed out a resurgent first quarter by again outperforming market indices last week, and the gainers came across operating sectors.
The 29 listings under the coverage of investment bank Jefferies added 3.1% in value, easily topping the 0.1% rise in the S&P 500 and the 0.3% increase in the small-cap Russell 2000 index.
As the quarter closed, the Jefferies Shipping Index was up 33.6%
