‘More positive indicators than negative’ for tankers in 2023, Gibson says
Broker argues tonne mile demand and a smaller oderbook will outpace Opec+ production cuts and a sputtering global economy
Tankers
‘More positive indicators than negative’ for tankers in 2023, Gibson says
Broker argues tonne mile demand and a smaller oderbook will outpace Opec+ production cuts and a sputtering global economy
B Riley predicts strong fourth quarter earnings for tanker owners
Analyst Liam Burke says companies have enough money to deleverage and return capital to shareholders
Editor’s selection: Euronav ‘must keep shipping oil’; Greeks return to Russia crude; Lone LNG carrier sent for scrap in 2022
Some of the biggest stories TradeWinds covered this week
Strong finish to 2022 set to propel Clarksons profit to at least £98m
Shipbroker expects to beat market expectations
Tanker owners adrift in regulatory fog over illogical price cap, De Stoop says
Euronav chief executive argues measure does not make much sense and there is confusion over the paperwork required
Ocean Yield to buy back $73m Norwegian bond issue early
Oslo-listed owner spends again to remove May 2023 debt maturity
Russia’s Lukoil disappears from list of top tanker charterers as Unipec stays top
Ukraine invasion has shaken up Poten & Partners’ annual chart of biggest crude vessel takers
Greek shipping returns to Russia trades as oil exports fall
European and G7 involvement in Russian oil declines as new trading patterns emerge in first month of price cap scheme
All noise aside, Frontline-Euronav combination set to get done this quarter
Deutsche Bank says investors would be smart to start buying Euronav stock in anticipation of the inevitable