Norway’s Cleaves Shipping Fund has sold its shares in bulker owner Golden Ocean Group and tanker owner Hafnia as it guards against shipping volatility.
Manager Cleaves Securities said shipping
Norway’s Cleaves Shipping Fund has sold its shares in bulker owner Golden Ocean Group and tanker owner Hafnia as it guards against shipping volatility.
Manager Cleaves Securities said shipping equities posted strong gains in May, buoyed by easing trade tensions.
Container lines led the rally for much of the month, although they reversed course towards the end of the period, it added.
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