background: Management consulting & investment banking.
Comments are based on personal views and based on available info at the time: 2 be treated accordingly.
Arctic out screaming buy in shipping stonks. Hiking several TPs $FRO 316 (308), $HAFNI $HAFN 112 (98), $ODF 217 (183).
Mr Market stares back in disbelief. Kristoffer knows his stuff so I out my money on him being right..
Modern vessels making more than 50k, eh. Must mean that the boys in $FRO and $OET are making great cash margins still in off-season
VLCC rates spike 31% as tonnage lists shorten in busier market
Shipping investments are fun. People selling stonks on fake news, in super high rate climate AND in reporting season. Love it. Thank you Mr Market for discounts...
"With positive signals on Opec+ production on the horizon, limited fleet growth and rising oil demand this year, a sharp uplift in rates is a matter of “when, not if”"
$FRO $OET $ECO
Bloomberg is reporting that the EU is proposing to sanction Russias Sovcomflot fleet.
I fully support this!
$FRO $NAT $TNP $TRMD $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI
Water Tiger (2020 - Modern Scrubber) On Subs (Estimated Voyage CII: C 🟡) NSea/China ST Shipping Trafigura (TCE: RV USD 43K @ 110 days / Actual USD 91K @ 62 days)
#tanker
markets are seasonal, ignoring 2020, oil sailing/sitting on tankers bottoms in July before increasing in to the fall
#utilization
- see no reasons for 2024 to be any different (note the trend!)
#Platts
,
#dnb
,
#oott
, $FRO
«Dont come to Norway»
Norwegian entrepreneurs message to entrepreneurs considering coming to Norway.
Goes viral on LinkedIn.
450.000 views in the first 48 hours.
Unusually high for LinkedIn.
Creator: Christer Dalsbø
Weekly vessel value update shows continued price appreciation:
Tankers: All up; Suezmax the strongest
Dry Bulk: Mainly green, Panamax the strongest
Containers: Very strong
$NMM $DAC $CMRE $GSL
$STNG numbers out.
A historic Q2 for product tankers.
Everybody blathers about the 2004-08 'supercycle' but at no point during that last cycle were MR rates this high during Q2. Not even close. 🫡
Exciting day. with $HAFNI beat on consensus DPS:
LTV was 24.2% giving a dividend payout ratio of 80%.
Dividends of USD 175.7 mUSD & DPS 0.3443 .
Consensus was at 0.33 of DPS
We all want
#ceasefire
between
#Hamas
and
#Israel
, but to expect owners to put their seafarers at risk passing
#redsea
/
#gulf
-of-aden anytime soon is a bit naive. The passage takes time and any ceasefire will be vulnerable with risk of crew being caught if it breaks. $FRO,
Cleaves exhibiting excellent taste in stonks and fronting $FRO
shipping shares are cheap, and they do not see signs of any recession. Conversely, they rather see the supply/demand balance in the sector favourably