E. Finley-Richardson Profile picture
Jul 16 β€’ 30 tweets β€’ 7 min read
π——π—Ώπ˜† π—•π˜‚π—Ήπ—Έ
Investment case, in charts βœ…
Thread below 🧡

$GOGL $SBLK $DSX $GNK $EGLE $SHIP $SB $BDRY $GRIN $PANL $EDRY $CMRE $NMM $DNORD $OP @2Bulkers $BELCO $JINJ $HSHIP $KCCK $WEST

Charts re: #coal & iron ore below, relevant to $ARCH $BTU $AMR $CEIX $RIO $VALE $BHP
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More from @ed_fin

Jul 17
πŸ‡¬πŸ‡§ Gibson Shipbrokers
Weekly Tanker Market Report
🧡 Image
Image
Image
Read 7 tweets
Jul 16
Poten Tanker Opinion
15 July 2022
by Erik Broekhuizen
$DHT $EURN $FRO $TNK $INSW etc
1/4
2/4
3/4
Read 4 tweets
Jul 10
VLCC SUPPLY β€” ED'S DEEP DIVE
VLCC's in service: 851
Over 20 years old: 82 vessels = 9.64% total fleet
On order: 52 vessels = 6.11% of fleet
Deliveries so far in 2022: 16
Remaining deliveries, 2022: 32
Orders in 2022: 0.
$DHT $EURN $FRO $OET $INSW $NMM
[stats as of 10-06-2022]
VLCC VALUATIONS
Newbuilding: $120m
52-week range: $95m-$120m

Resale: $103m
52w range:$96-103m

5y old: $77.5m
52w range: $70.5-77.5m

10y old: $52.5m
52w range: $46.5-52.5m

15y old: $38m
52w range: $33.5-38m

scrap value: $22.68m
52w range: $0-24.5m
as a % of Newbuild: 19%
AGE DISTRIBUTION OF VLCC FLEET

<5 years old: 195 vlcc's
dwt: 60.15 million

5β€”9 years old: 171 x 🚒
dwt: 52.83m

10β€”14 years old: 264 x 🚒
dwt: 81.71m

15β€”19 yo: 139 x 🚒
dwt: 42.59m

20β€”24 yo: 77 x 🚒
dwt: 23.39m

>25 years old: 5 x 🚒
dwt: 1.5m
Read 28 tweets
Jul 9
Poten Tanker Opinion
8 July 2022
🧡
$DHT $EURN $FRO $OET $NMM $SFL $INSW Image
2. Image
3. Image
Read 4 tweets
Jun 30
International traders and shipping companies are beefing up contingency plans such as switching to China-Europe freight trains to deal with congestion at major ports in Europe. At the port of Rotterdam, empty containers are stranded amid a growing backlog of undelivered cargo.
🧡
According to the Port of Rotterdam, >1/4 of the containers transshipped in Rotterdam is from China or has China as its destination. The yard density at the deepsea terminals has been extremely high over the last months due to unreliable deepsea schedules & high call sizes.
While the situation at ports lingers, several traders said they have diverted their goods, especially those value-added and urgent ones, from sea shipping to the intercontinental freight trains. β€œWe had several containers of electronic products waiting to be delivered back to πŸ‡¨πŸ‡³.
Read 8 tweets

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