U.S. Equity Strategy: Bullish Outlook Intact
Amid rising Middle East tensions, investors have moved to safe-havens including Treasuries and gold, all while having a muted effect on the US...
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Tsakos Energy Navigation – Leverage Seems Manageable in Rising Tanker Market
Attractive valuation on charter cover with potential upside: Tsakos Energy Navigation’s (TNP’s) TCE revenue for 3Q18 dropped 4.5% y/y to USD 92.6m...
442 Views
Tanker Shipping - 2019Gradual Recovery on Horizon
The crude tanker market remained weak in the initial nine months of 2018 as vessel earnings remained below breakeven across vessel classes....
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Visit Notes: Ships Drowning in Sea of Expenses & Changes ... New Arbitrage Trades Developing
Following on our initial HK-China visit notes last week, we spent several hours reviewing current issues related to new 2019+ vessel capex and...
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Is It Time to Bottom-Fish Crude Tanker Stocks?
The worst is behind usWe believe that we have reached the bottom of the crude tanker shipping market. While we don’t expect rates to reach anywhere...
321 Views