Despite the absence of the predicted recession, shipping stocks had a robust year in 2023, outperforming the S&P 500. Dorian LPG secured the top spot with a remarkable 184% surge in adjusted share price. Frontline, Overseas Shipholding Group, Euroseas, and Matson also featured among the top performers. The report also analyzed the performance of tanker stocks, container-ship lessors, and dry bulk stocks, providing insights into the key players and sectors that contributed to the shipping industry's success in the stock market.

SOURCE:GOOGLE