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HSHP / Himalaya Shipping: A Superior Way To Play The Dry Bulk Market
Himalaya Shipping Ltd. is in a strong position to capitalize on the dry bulk shipping market, which is largely inelastic due to a low orderbook for new ships and aging existing fleet. The management team and board of directors also have solid experience in related companies, positioning the firm to successfully deliver solid shareholder returns. Given the current market conditions and assuming a dry bulk boom similar to the 2000s, Himalaya Shipping's shares could potentially increase from $5.33 to $32.2 per share, making it a favorable investment with a speculative edge.
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Posted: Jun 30 2023, 14:20
Author Name: Seeking Alpha
Views: 112644
HSHP News
By Seeking Alpha
June 30, 2023
Himalaya Shipping: A Superior Way To Play The Dry Bulk Market
Himalaya Shipping Ltd. is in a strong position to capitalize on the dry bulk shipping market, which is largely inelastic due to a low orderbook for ne more_horizontal