Morgan Stanley names stocks that will win as global shipping industry bounces back

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New for subscribers: Morgan Stanley names stocks that will win as global shipping industry bounces back. Check out CNBCPro today.

The sector is emerging from one of the longest downturns in its history and demand is set to grow 7.7% year-on-year in 2021, the bank estimated.

It comes after the shipping industry was hit hard by the blockage in the Suez Canal — which at its peak saw aroundOne significant cost facing the industry is the investment required to tackle climate change, the Morgan Stanley analysts warned. But low-emission fuel technology and infrastructure are still "a few years away," they wrote, and in the meantime several firms are well-placed to benefit from rising demand.

 

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Pro The only ocean shipping which is traded in NASDAQ is $ZIM, will be reporting amazing result since ocean freight rate has risen to historical level; it seems to last at least into Q3 of 2022 ! JonahLupton . Small cap, huge growth.

Pro What ever happened to the JP Morgan Chase Coke boat?! 🤔

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