Discover and read the best of Twitter Threads about #TankerGang
Most recents (2)
Vessels that transport energy may be the hottest commodity this winter 🚢
📈 Oil and LNG shipping costs are surging amid fears that there will soon be a shortage of vessels
🇪🇺 Europe is hoarding ships, leaving fewer vessels for Asia
By @MessageAnnKoh
bloomberg.com/news/articles/…
📈 Oil and LNG shipping costs are surging amid fears that there will soon be a shortage of vessels
🇪🇺 Europe is hoarding ships, leaving fewer vessels for Asia
By @MessageAnnKoh
bloomberg.com/news/articles/…
💰 There are very few LNG ships available for hire through the winter, and only for short voyages, said @OKalleklev, CEO of shipowner Flex LNG
👋 Shipowners have booked out their fleet, he said
👋 Shipowners have booked out their fleet, he said
"Some of the hottest hot cakes this winter are ships able to ferry oil and gas"
1/ "It's a one-off"- Tanker market
Even after a few busy days, the VLCC TD3 FFA curve is still at depressed levels.
Spot rates (non-scrubber): $0/d
Q4: $12k/d
Cal 22 $16k/d
Cal 23 $24k/d
"There are too many ships and not enough cargo"
$FRO $DHT #Tankergang
Even after a few busy days, the VLCC TD3 FFA curve is still at depressed levels.
Spot rates (non-scrubber): $0/d
Q4: $12k/d
Cal 22 $16k/d
Cal 23 $24k/d
"There are too many ships and not enough cargo"
$FRO $DHT #Tankergang
2/
If you look at the current state of the market, this might be true, but shipping is all about optionality.
Bull markets are more often than not triggered by an event. Once it's over, all the analyst, traders and brokers will say: " The rally was due to a one-off event"
If you look at the current state of the market, this might be true, but shipping is all about optionality.
Bull markets are more often than not triggered by an event. Once it's over, all the analyst, traders and brokers will say: " The rally was due to a one-off event"
3/
What they fail to see is that "one-off" events are a part of the market. Future unknown "one-off" events is the same as optionality!
The specific situation might be a "one-off", but the fact that situations occur which affect markets is anything but a "one-off".
What they fail to see is that "one-off" events are a part of the market. Future unknown "one-off" events is the same as optionality!
The specific situation might be a "one-off", but the fact that situations occur which affect markets is anything but a "one-off".
