E. Finley-Richardson Profile picture
Mar 28 4 tweets 1 min read Twitter logo Read on Twitter
🌍 Global shipping cos, categorized
1/4

$MAERSK $DNORD $DSX $DHT $EGLE $EURN $EDRY $FRO $GLOG $GLNG $ASC $CPLP $INSW
2.
3. Bonds
4. Preferred Stock
source: Stifel

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More from @ed_fin

Mar 25
From Uncle Howie (1/n)
December 2022 Image
Image
Image
Read 8 tweets
Mar 22
VLCC rates weakening a little now, FYI.
(see the red arrows in the leftmost column)
$DHT $EURN $FRO $OET
color, from Fearnley's:

“Great expectations” – not materializing. Logic dictated that a well-stocked cargo list and correspondingly balanced position lists would result in a rate hike this week. However, charters kept their powder dry, patiently waiting,

(1/3)
and when an oil company relet fixed a Brazil/East export cargo at WS 85 the upward sentiment reversed which was then followed by MEG/East rates sliding into low WS 90’s. That said, the downside appears capped short term

(2/3)
Read 7 tweets
Mar 20
Norwegians are VERY bulled up 🤣
via 🇳🇴 Finansavisen (google translated)
h/t Thomas Image
The article was written by Petter "Bull" Haugen (ABG Sundal Collier), who is notorious for always being the biggest bull in the room: Image
3/n Image
Read 5 tweets
Mar 11
1. Thread

I'd like to highlight notable movements in product tanker rates yesterday.

The MR Atlantic basket was steady, at $37,931/day. MR Pacific basket was down 2%. LR2 route TC1 was up.

TC6 (MR Algeria to Europe) jumped a nice amount:

$ASC $HAFNI $STNG $TRMD $DNORD $INSW Image
2. Benchmark LR1 route TC5 (MEG-Japan), which I discussed in my last blog post, was up too:

Keep in mind that the Baltic Exchange bases its TCE calculations on non-eco, non-scrubber equipped tankers. So Eco scrubber probably ~$7,000/day more. Image
3. A few more routes w/ solid gains:
* TC9 (Handymax)
* TC15 (LR2)
* TC20 (LR2)
* TC21 (MR) ImageImageImageImage
Read 4 tweets
Mar 10
🇬🇧 Gibson's Weekly Tanker Market Report
10 March 2023.
“One Month Out”
🧵

cc: $DHT $EURN $FRO $NMM $INSW $NAT $OET $SFL $TNP $ASC $HAFNI $STNG $TRMD $TNK $DNORD $PXS $DIS.MI Image
Image
Image
Read 7 tweets
Mar 2
Gonna live tweet this in 3 minutes...

cc: $GOGL $NMM $SBLK $DSX $GNK $SHIP $SFL $SB $CMRE $EGLE $TMI $JINJ $DNORD $GRIN $BDRY
In hindsight, it looks like October was the bottom for economic growth.
Market is close to turning positive soon, dry bulk demand growth is 3% now,

Freight market should now rise until April or so.
Read 13 tweets

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