Demand growth and low ordering make for higher dry bulk rates in '24-25e. ABGSCe 37-71% above consensus for ’24e-‘25e EBITDA. TP of NOK 78 (103) – BUY.
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More ships coming to higher rates
Himalaya Shipping Ltd. (HSHP:OSL) | 0 0 0.0%
- Published:
12 Oct 2023 -
Author:
ABGSC Shipping & Transport Research | Petter Haugen | Oliver Dunvold -
Pages:
15 -
Demand growth and low ordering make for higher dry bulk rates in '24-25e. ABGSCe 37-71% above consensus for ’24e-‘25e EBITDA. TP of NOK 78 (103) – BUY.