Veien fremover
Som alle vet: ADS er et oversiktlig og rendyrket rederi i VLCC-segmentet. Tre eldre VLCC’er (alle bygget 2002 på det velrenommerte verftet Hitachi i Japan, samtlige med CAP1 klasse og utstyrt med scrubbere), de har to år fartstid igjen før «majors» ikke lenger vil approbere dem. Men dersom markedet ikke er helt «på påtta» både innen og på den tid, så kan man jo tenke seg at noen andre vil benytte seg av deres tjenester. Eller ikke. Skrapverdien er pr dags dato rundt USD 300 x 40,000 LDT, = USD 12 mill per enhet. Kommersielt er de drevet av Frontline (som gjennom Ship Finance også er største aksjonær = 4,031’ aksjer og 17.2%). OSM (Arendal) har teknisk drift. ADS Shipping er selv nest største aksjonær, med 2,424’ aksjer (10.4%).
Siste (relative) nyhet er at Marius Halvorsen ble ansatt som CCO i selskapet (annonsert 11.06.20). At han bringer med seg kunnskap og kontakter er meg bekjent, ubestridt. Og han har vel også sine fremtidsvisjoner.
Så til utbyttesituasjonen; få andre selskaper kan konkurrere med ADS der (hittil i år) prosentvis. For q4 forrige år mottok vi 0.79 Kr pr aksje rundt 18. mars i år. Det som er litt interessant akkurat i dag, er at utbytte (NOK 2.86!!) pr aksje for q1 i år skal utbetales «on or about 16 June 2020». Mao. i morgen. Hvem vil kjøre utbyttet tilbake i aksjen, hvem vil bruke dem på sommerferien, eller kanskje begge deler? Det kan bli litt artig å følge med på (syntes jeg). I mellomtiden handles aksjen for rundt NOK 20, utbytte for q2 er allerede mer eller mindre (95%) sikret på tilsvarende nivå som for q1. Noe avhengig av dollarkursen selvfølgelig, og «come hell and high water». Hva tror dere?
Uansett, så ønsker jeg alle aksjonærer (og andre) en riktig god sommer!
PS. Jeg burde innledningsvis ha påpekt at temaet fra min side er og har alltid ment å være ADS Crude Carriers. Og ikke den andre del av rederiet. Jeg beklager evt misforståelser (19.06.20).
Siste (relative) nyhet er at Marius Halvorsen ble ansatt som CCO i selskapet (annonsert 11.06.20). At han bringer med seg kunnskap og kontakter er meg bekjent, ubestridt. Og han har vel også sine fremtidsvisjoner.
Så til utbyttesituasjonen; få andre selskaper kan konkurrere med ADS der (hittil i år) prosentvis. For q4 forrige år mottok vi 0.79 Kr pr aksje rundt 18. mars i år. Det som er litt interessant akkurat i dag, er at utbytte (NOK 2.86!!) pr aksje for q1 i år skal utbetales «on or about 16 June 2020». Mao. i morgen. Hvem vil kjøre utbyttet tilbake i aksjen, hvem vil bruke dem på sommerferien, eller kanskje begge deler? Det kan bli litt artig å følge med på (syntes jeg). I mellomtiden handles aksjen for rundt NOK 20, utbytte for q2 er allerede mer eller mindre (95%) sikret på tilsvarende nivå som for q1. Noe avhengig av dollarkursen selvfølgelig, og «come hell and high water». Hva tror dere?
Uansett, så ønsker jeg alle aksjonærer (og andre) en riktig god sommer!
PS. Jeg burde innledningsvis ha påpekt at temaet fra min side er og har alltid ment å være ADS Crude Carriers. Og ikke den andre del av rederiet. Jeg beklager evt misforståelser (19.06.20).
Redigert 21.01.2021 kl 03:15
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Paraply19
17.06.2020 kl 15:28
4438
NOELLE skrev Har noen med Nordnet fått utbyttet inn på konto?
Ikke foreløpig nei.. kommer sikkert i morgen
tuja
17.06.2020 kl 20:40
4244
Tankers International
@TankersInt
·
1t
Mermaid Hope (2011 - Modern Scrubber) On Subs AG/Taiwan WS 57.00 CPC Jul 1-3 Clearlake Demurrage USD 50K (TCE: RV USD 55.93K @ 39.9 days / Actual USD 54.06K @ 41.06 days) 0.45 idle days
@TankersInt
·
1t
Mermaid Hope (2011 - Modern Scrubber) On Subs AG/Taiwan WS 57.00 CPC Jul 1-3 Clearlake Demurrage USD 50K (TCE: RV USD 55.93K @ 39.9 days / Actual USD 54.06K @ 41.06 days) 0.45 idle days
tuja
17.06.2020 kl 22:25
4083
TANKERS: BULLISH
Spot market remains steady but should not stay that way for long if the IEAs’ forecast for a sharp 8 mbd upswing in global refinery runs in Q3 from Q2 proves to be correct.
Fra Arctic i dag
VLCC: Another firm data-point for older lady
According to various reports, the 2000-built VLCC ‘Kalamos’ has been sold for USD 25m, above our USD 23m estimate.
Fra PAS i dag.
Looking good :)
Spot market remains steady but should not stay that way for long if the IEAs’ forecast for a sharp 8 mbd upswing in global refinery runs in Q3 from Q2 proves to be correct.
Fra Arctic i dag
VLCC: Another firm data-point for older lady
According to various reports, the 2000-built VLCC ‘Kalamos’ has been sold for USD 25m, above our USD 23m estimate.
Fra PAS i dag.
Looking good :)
Redigert 17.06.2020 kl 22:27
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oldgrumpy
18.06.2020 kl 00:03
3959
PSI- Investor skrev Det er fremdeles gode rater, men veldig få slutninger?
Mulig. Ofte er det slik at majoriteten av slutninger ikke er offentliggjort. Ratene på vlcc er overraskende gode og godt over forventing. Suez er stikk motsatt og gikk rett til opex relativt raskt forrige uke. Selv om det er liten bedring der siste to døgn er det likevel dårlig. Større sannsynlighet for sanksjoner nå da kinesiske selskaper fremdeles handler venezuelansk olje - og som er motstridende meldinger sammenlignet med meldingene som har kommet de siste to ukene. https://www.worldoil.com/news/2020/6/17/chinese-traders-trying-their-luck-with-sanctioned-venezuelan-oil
Tank er tydeligvis i spill.
Det er forventet noe større oljeetterspørsel på tankrutene i høst og mot vinteren enn forventet. Hvis ikke sanksjonene kommer så kommer nok kursene til å falle noe mer i sommer før ratene blir sterkere i høst igjen. ADS er en av de tankrederiene som vil holde seg ok, men fro er en av de som vil falle betydelig mer - vil jeg anta.
Tank er tydeligvis i spill.
Det er forventet noe større oljeetterspørsel på tankrutene i høst og mot vinteren enn forventet. Hvis ikke sanksjonene kommer så kommer nok kursene til å falle noe mer i sommer før ratene blir sterkere i høst igjen. ADS er en av de tankrederiene som vil holde seg ok, men fro er en av de som vil falle betydelig mer - vil jeg anta.
Redigert 18.06.2020 kl 00:04
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Met1976
18.06.2020 kl 06:59
3831
Utbytte enda ikke kommet på konto hos meg men står på vpsèn så er nok rett rudnt hjørnet.
Noterer meg at ratene ser ut til å ligge stabilt på 50-60k, håpe rvi får de ratene på de 2 båtene, det hadde vært meget bra :-)
Noterer meg at ratene ser ut til å ligge stabilt på 50-60k, håpe rvi får de ratene på de 2 båtene, det hadde vært meget bra :-)
NOELLE
18.06.2020 kl 07:39
3783
Scorpio Tankers poised to report best results ever in current quarter
Robert Bugbee takes on the bears, saying strength has continued into start of third-quarter bookings for world's largest product tanker owner, despite others' lower expectations for tanker market
18 June 2020 3:04 GMT Updated 18 June 2020 3:04 GMT
" Scorpio Tankers is soon to deliver special guidance to investors "
https://www.tradewindsnews.com/finance/scorpio-tankers-poised-to-report-best-results-ever-in-current-quarter/2-1-828138
Robert Bugbee takes on the bears, saying strength has continued into start of third-quarter bookings for world's largest product tanker owner, despite others' lower expectations for tanker market
18 June 2020 3:04 GMT Updated 18 June 2020 3:04 GMT
" Scorpio Tankers is soon to deliver special guidance to investors "
https://www.tradewindsnews.com/finance/scorpio-tankers-poised-to-report-best-results-ever-in-current-quarter/2-1-828138
oldgrumpy
18.06.2020 kl 09:20
3647
Interessant. For selskaper med kun vlcc skip og en rate på snitt 50k eller mer kan dette kvartalet bli det beste q3 på flere ti-år. Forventningene til tank er i det minste svært lav akkurat nå og flere selskaper nærmer seg bunnen. Holder kun ads som jeg er litt i pluss på akkurat nå. Dekket inn short på nat og eurn. Og vurderer å handle long eurn. Fro tror jeg fort kan falle på 50 tallet hvis vlcc ratene går mot opex i en lengre periode. Tror ikke det skjer grunnet en økt akselerert oljeetterspørsel nå som koronatiltakene letter, og selv om man ikke er i nærheten av en koronaløsning. Gulroten er ytterligere sanksjoner mot skip som frakter venezuelansk olje.
Er nok en del å hente i tørr om dagen. Solgte meg ut av gogl og egle før siste korreksjonen (angrer litt og de har nok relativt mye mer å gå på !?), men har fremdeles en post i 2020 med en pen avkastning.
Er nok en del å hente i tørr om dagen. Solgte meg ut av gogl og egle før siste korreksjonen (angrer litt og de har nok relativt mye mer å gå på !?), men har fremdeles en post i 2020 med en pen avkastning.
tuja
18.06.2020 kl 12:55
3448
Ny on subs med over 50k usd i rate:
Tankers International
@TankersInt
·
25m
White Nova (2006 - Modern VLSFO) On Subs Spore/China WS 67.00 Petrobras Jun 26-27 Koch (TCE: RV USD 50.08K @ 25.78 days / Actual USD 53.05K @ 25.24 days) 1.56 idle days
Tankers International
@TankersInt
·
25m
White Nova (2006 - Modern VLSFO) On Subs Spore/China WS 67.00 Petrobras Jun 26-27 Koch (TCE: RV USD 50.08K @ 25.78 days / Actual USD 53.05K @ 25.24 days) 1.56 idle days
tuja
18.06.2020 kl 13:52
3372
Limer inn ett innlegg fra en annen tråd relatert til tanksegmentet:
Nordic American Tankers Ltd. (NYSE: NAT) – A tanker market update in a changing world
For NAT it is important to note that the underlying balance between supply and demand for ships is good.
June 18, 2020
Dear Shareholders and Investors,
We regularly comment on geopolitical events with relevance to NAT. Such events include trade negotiations between China and the US, OPEC-actions, Covid-19 pandemic, Middle East tensions and sanctions impacting jurisdictions where the NAT vessels are operating.
The above elements have taken place during the last few months. Changes of this nature are elements we often meet. For NAT it is important to note that the underlying balance between supply and demand for ships is good. The limited supply of new tankers has been the foundation and a driving force that has made it possible for tanker owners to benefit from these events. We at NAT see a positive development for the remainder of 2020 and for 2021.
Our confidence is supported by the dividend for the first quarter of 2020 ($0.14) and for the second quarter of 2020 ($0.20). The dividend for the fourth quarter in 2019 was ($0.07). Our dividend has always been a reflection of our cashflow. At a time when other companies are cutting back their dividend distribution, it is important for us to emphasize that dividend remains a priority for NAT.
Please note that the Venezuela situation has resurfaced. NAT is always complying with sanctions imposed by the US.
Meanwhile, China and other Asian economies seem to be recovering. Combined with international stimulus packages and a low oil price, we see the recovery of the world economy sooner rather than later.
The tanker market turned in a positive direction long time ago.
Best regards,
Herbjørn Hansson
Founder, Chairman & CEO
Nordic American Tankers Ltd
Nordic American Tankers Ltd. (NYSE: NAT) – A tanker market update in a changing world
For NAT it is important to note that the underlying balance between supply and demand for ships is good.
June 18, 2020
Dear Shareholders and Investors,
We regularly comment on geopolitical events with relevance to NAT. Such events include trade negotiations between China and the US, OPEC-actions, Covid-19 pandemic, Middle East tensions and sanctions impacting jurisdictions where the NAT vessels are operating.
The above elements have taken place during the last few months. Changes of this nature are elements we often meet. For NAT it is important to note that the underlying balance between supply and demand for ships is good. The limited supply of new tankers has been the foundation and a driving force that has made it possible for tanker owners to benefit from these events. We at NAT see a positive development for the remainder of 2020 and for 2021.
Our confidence is supported by the dividend for the first quarter of 2020 ($0.14) and for the second quarter of 2020 ($0.20). The dividend for the fourth quarter in 2019 was ($0.07). Our dividend has always been a reflection of our cashflow. At a time when other companies are cutting back their dividend distribution, it is important for us to emphasize that dividend remains a priority for NAT.
Please note that the Venezuela situation has resurfaced. NAT is always complying with sanctions imposed by the US.
Meanwhile, China and other Asian economies seem to be recovering. Combined with international stimulus packages and a low oil price, we see the recovery of the world economy sooner rather than later.
The tanker market turned in a positive direction long time ago.
Best regards,
Herbjørn Hansson
Founder, Chairman & CEO
Nordic American Tankers Ltd
tuja
19.06.2020 kl 08:48
3151
U.S. Slaps Sanctions on Mexican Firms, Individuals Linked to Venezuelan Oil Trade
WASHINGTON/MEXICO CITY — The United States on Thursday blacklisted Mexico's Libre Abordo and a related company, accusing them of helping Caracas evade U.S. sanctions in the first formal action by the U.S. Treasury Department against Mexican firms involved in trading Venezuelan oil.
The Treasury said in a statement it imposed sanctions on three individuals, eight entities and two vessels for activities related to a network attempting to skirt U.S. sanctions on Venezuela aimed at ousting President Nicolas Maduro.
Mexico's peso slumped 2% after the U.S. action.
Among those blacklisted were Mexico-based Libre Abordo and related Schlager Business Group, as well as their co-owners, Olga Maria Zepeda and Veronica Esparza.
The Treasury also targeted Mexican Joaquin Leal Jimenez, accusing him of having worked with Alex Saab, recently arrested in Cape Verde, Libre Abordo and Schlager for brokering the resale of millions of barrels of Venezuelan crude.
"Leal is the critical conduit between Libre Abordo, Schlager Business Group, and their owners, and PDVSA and Saab. Leal has been coordinating the purchase and sale of Venezuelan-origin crude oil from PDVSA," Treasury said.
Leal did not reply to a request for comment.
A Maduro ally who has previously helped the government buy food, Saab was sanctioned in 2019 and charged with money laundering and conspiracy in a U.S. court in relation to a food program managed by Maduro's administration. The government has denied any wrongdoing in connection with the program.
Libre Abordo said its lawyers will evaluate the Treasury's decision, which it said wrongly linked the firm to unrelated entities.
"Our exchange of humanitarian aid with Venezuela should not be subject of sanctions," Libre Abordo told Reuters in a statement.
The sanctions freeze any U.S. assets of the individuals and entities and generally prohibit Americans from dealing with them.
Libre Abordo and Schlager began receiving Venezuelan oil for resale in Asian markets late last year after signing two contracts with Venezuelan President Nicolas Maduro's government in mid-2019.
The agreement was framed as an oil-for-food pact exempted from U.S. sanctions as the Mexican firms intended to supply Venezuela with 210,000 tons of corn.
Through May, Libre Abordo and Schlager received some 30 million barrels of Venezuelan oil, according to PDVSA's documents. Even though they supplied about 500 water trucks in exchange, food was never delivered, as very low oil prices affected a schedule originally planned, Libre Abordo said.
U.S. Secretary of State Mike Pompeo said in a statement that the oil-for-food "enterprise skimmed millions from funds that were claimed to have been for humanitarian aid, yet failed to deliver the promised food to the Venezuelan people."
Reuters reported last month that the FBI was probing several Mexican and European companies allegedly involved in trading Venezuelan oil, gathering information for a Treasury inquiry.
"They want us to be unable to export oil so the Venezuelan people are left without food, medicine or gasoline," Venezuela's Foreign Minister Jorge Arreaza said on Thursday. "Your actions and sanctions are criminal," he told Pompeo over Twitter.
Washington in January 2019 recognized Venezuelan politician Juan Guaido as the OPEC nation's rightful leader and has ratcheted up sanctions and diplomatic pressure in the aftermath of Maduro's 2018 re-election that was widely described as fraudulent.
Maduro remains in power, backed by Venezuela's military as well as Russia, China and Cuba.
"The United States will continue to relentlessly pursue sanctions evaders," Treasury Deputy Secretary Justin Muzinich said in the statement.
Washington also targeted on Thursday Marshall Islands-based Delos Voyager Shipping Ltd. and Greece-based Romina Maritime Co Inc. for operating in the Venezuelan oil sector, giving them until July 21 to wind down activities.
The other firms blacklisted are Alel Technologies LLC, Cosmo Resources Pte. Ltd, Luzy Technologies LLC; and Washington Trading Ltd.
The Treasury delisted Marshall Islands-based firm Afranav Maritime Ltd and Greece-based Seacomber Ltd, and two vessels they own, after the companies promised to stop trade with Venezuela while Maduro is in power.
(Reporting by Daphne Psaledakis in Washington and Marianna Parraga in Mexico City; Additional reporting by Ana Isabel Martinez in Mexico City and Eric Beech in Washington; Editing by Tim Ahmann, Jonathan Oatis and Daniel Wallis)
© 2020 The New York Times Company
NYTCoContact UsWork with usAdvertiseT Brand StudioYour Ad ChoicesPrivacyTerms of ServiceTerms of SaleSite MapHelpSubscriptions
https://www.nytimes.com/reuters/2020/06/18/world/americas/18reuters-venezuela-politics-usa.html
WASHINGTON/MEXICO CITY — The United States on Thursday blacklisted Mexico's Libre Abordo and a related company, accusing them of helping Caracas evade U.S. sanctions in the first formal action by the U.S. Treasury Department against Mexican firms involved in trading Venezuelan oil.
The Treasury said in a statement it imposed sanctions on three individuals, eight entities and two vessels for activities related to a network attempting to skirt U.S. sanctions on Venezuela aimed at ousting President Nicolas Maduro.
Mexico's peso slumped 2% after the U.S. action.
Among those blacklisted were Mexico-based Libre Abordo and related Schlager Business Group, as well as their co-owners, Olga Maria Zepeda and Veronica Esparza.
The Treasury also targeted Mexican Joaquin Leal Jimenez, accusing him of having worked with Alex Saab, recently arrested in Cape Verde, Libre Abordo and Schlager for brokering the resale of millions of barrels of Venezuelan crude.
"Leal is the critical conduit between Libre Abordo, Schlager Business Group, and their owners, and PDVSA and Saab. Leal has been coordinating the purchase and sale of Venezuelan-origin crude oil from PDVSA," Treasury said.
Leal did not reply to a request for comment.
A Maduro ally who has previously helped the government buy food, Saab was sanctioned in 2019 and charged with money laundering and conspiracy in a U.S. court in relation to a food program managed by Maduro's administration. The government has denied any wrongdoing in connection with the program.
Libre Abordo said its lawyers will evaluate the Treasury's decision, which it said wrongly linked the firm to unrelated entities.
"Our exchange of humanitarian aid with Venezuela should not be subject of sanctions," Libre Abordo told Reuters in a statement.
The sanctions freeze any U.S. assets of the individuals and entities and generally prohibit Americans from dealing with them.
Libre Abordo and Schlager began receiving Venezuelan oil for resale in Asian markets late last year after signing two contracts with Venezuelan President Nicolas Maduro's government in mid-2019.
The agreement was framed as an oil-for-food pact exempted from U.S. sanctions as the Mexican firms intended to supply Venezuela with 210,000 tons of corn.
Through May, Libre Abordo and Schlager received some 30 million barrels of Venezuelan oil, according to PDVSA's documents. Even though they supplied about 500 water trucks in exchange, food was never delivered, as very low oil prices affected a schedule originally planned, Libre Abordo said.
U.S. Secretary of State Mike Pompeo said in a statement that the oil-for-food "enterprise skimmed millions from funds that were claimed to have been for humanitarian aid, yet failed to deliver the promised food to the Venezuelan people."
Reuters reported last month that the FBI was probing several Mexican and European companies allegedly involved in trading Venezuelan oil, gathering information for a Treasury inquiry.
"They want us to be unable to export oil so the Venezuelan people are left without food, medicine or gasoline," Venezuela's Foreign Minister Jorge Arreaza said on Thursday. "Your actions and sanctions are criminal," he told Pompeo over Twitter.
Washington in January 2019 recognized Venezuelan politician Juan Guaido as the OPEC nation's rightful leader and has ratcheted up sanctions and diplomatic pressure in the aftermath of Maduro's 2018 re-election that was widely described as fraudulent.
Maduro remains in power, backed by Venezuela's military as well as Russia, China and Cuba.
"The United States will continue to relentlessly pursue sanctions evaders," Treasury Deputy Secretary Justin Muzinich said in the statement.
Washington also targeted on Thursday Marshall Islands-based Delos Voyager Shipping Ltd. and Greece-based Romina Maritime Co Inc. for operating in the Venezuelan oil sector, giving them until July 21 to wind down activities.
The other firms blacklisted are Alel Technologies LLC, Cosmo Resources Pte. Ltd, Luzy Technologies LLC; and Washington Trading Ltd.
The Treasury delisted Marshall Islands-based firm Afranav Maritime Ltd and Greece-based Seacomber Ltd, and two vessels they own, after the companies promised to stop trade with Venezuela while Maduro is in power.
(Reporting by Daphne Psaledakis in Washington and Marianna Parraga in Mexico City; Additional reporting by Ana Isabel Martinez in Mexico City and Eric Beech in Washington; Editing by Tim Ahmann, Jonathan Oatis and Daniel Wallis)
© 2020 The New York Times Company
NYTCoContact UsWork with usAdvertiseT Brand StudioYour Ad ChoicesPrivacyTerms of ServiceTerms of SaleSite MapHelpSubscriptions
https://www.nytimes.com/reuters/2020/06/18/world/americas/18reuters-venezuela-politics-usa.html
oldgrumpy
19.06.2020 kl 09:27
3075
Mye som skjer om dagen.. og som vil ha positiv innvirkning på ratene på mellomlang sikt. Spesielt når oljeetterspørselen øker igjen.
https://home.treasury.gov/news/press-releases/sm1038
https://www.bloomberg.com/news/articles/2020-06-19/oil-ship-cluster-off-china-grows-with-swelling-onshore-tanks?srnd=premium&sref=Y3sZejfb
https://home.treasury.gov/news/press-releases/sm1038
https://www.bloomberg.com/news/articles/2020-06-19/oil-ship-cluster-off-china-grows-with-swelling-onshore-tanks?srnd=premium&sref=Y3sZejfb
Struts
19.06.2020 kl 16:57
2914
Blant siste rapporterte salg, og som et apropos - siden ADS også har et annet selskap (som påpekt av Flipper tidligere), inntil nylig involvert i shuttle-tankere og et par panamax bulkskip:
=BW Barley= Kamsarmax 83400 Sanoyas 2010 - USD 13.7 per enhet
=BW Acorn= Kams 82600 Oshima 2010 - alle solgt med forbehold
=BW Einkorn= Kams 81500 Universal 2010 - og kjøper rapportert som ADS.
Altså til den andre grenen av Arendal-firmaet. Marius Halvorsen, nyansatt CCO, er nok rimelig opptatt med den siden av rederiet.
=BW Barley= Kamsarmax 83400 Sanoyas 2010 - USD 13.7 per enhet
=BW Acorn= Kams 82600 Oshima 2010 - alle solgt med forbehold
=BW Einkorn= Kams 81500 Universal 2010 - og kjøper rapportert som ADS.
Altså til den andre grenen av Arendal-firmaet. Marius Halvorsen, nyansatt CCO, er nok rimelig opptatt med den siden av rederiet.
tuja
21.06.2020 kl 23:19
2373
Stig Myrseth er bull på tank i morgendagens FA:
Favorittsegmentet mitt på mellomlang sikt er fortsatt oljetank. Etterspørselsveksten er i Asia, mens tilbudsveksten vil komme fra Atlanterhavet. Det medfører strukturelt økende seilasdistanser.
Oljekvalitet er i tillegg en positiv faktor for tankfrakt. Asiatiske raffinerier trenger mer lettolje fra USA og Nordsjøen. Amerikansk eksport vil derfor holde seg bedre enn fallet i skiferoljeproduksjonen skulle tilsi.
Tredje kvartal er en sesongmessig svak periode som i år blir forsterket av coronaeffektene. Nylige tall for april og mai indikerer samtidig at de globale oljelagrene har økt mindre enn fryktet.
Aktiviteten vil i så fall også normalisere seg raskere enn ventet. Tankaksjene kan dermed bli børsvinnere nærmere 2021.
Supert :)
Favorittsegmentet mitt på mellomlang sikt er fortsatt oljetank. Etterspørselsveksten er i Asia, mens tilbudsveksten vil komme fra Atlanterhavet. Det medfører strukturelt økende seilasdistanser.
Oljekvalitet er i tillegg en positiv faktor for tankfrakt. Asiatiske raffinerier trenger mer lettolje fra USA og Nordsjøen. Amerikansk eksport vil derfor holde seg bedre enn fallet i skiferoljeproduksjonen skulle tilsi.
Tredje kvartal er en sesongmessig svak periode som i år blir forsterket av coronaeffektene. Nylige tall for april og mai indikerer samtidig at de globale oljelagrene har økt mindre enn fryktet.
Aktiviteten vil i så fall også normalisere seg raskere enn ventet. Tankaksjene kan dermed bli børsvinnere nærmere 2021.
Supert :)
oldgrumpy
21.06.2020 kl 23:35
2335
En recovery går nok fortere enn forventet i markedet. Selvfølgelig avhengig av korona-bølge nr2 eller ikke. Vil anta opec+ pluss går fra kutt på 9.7 til 7.7 etter neste møte. Økt oljeetterspørsel, og organisasjoner og land skal ta igjen det tapte...
tuja
22.06.2020 kl 09:22
2136
https://www.hellenicshippingnews.com/vlccs-busier-week-points-to-interesting-times-ahead/
VLCC
It has been a busier week than the previous two weeks in the Middle East as the July cargo stems came to the fore and charterers were able to bring rates down slightly, with 270,000mt to China now fixing around the WS57 mark – down three points from last week. For the long-haul trip of 280,000 mt to USG via the cape/cape-routing rates are presumed to be unchanged in the low WS30s, with no activity being seen on the route this week. In the Atlantic sector, no fixture activity was seen on the 260,000mt West Africa to China trip, so sentiment has pushed the rates down two to three points to the W56-57 region. Meanwhile, 270,000mt USG to China saw a couple of fixtures early in the week concluded at $7.5m. The slight fall elsewhere has weakened the market and is now rated at $7.25m.
VLCC
It has been a busier week than the previous two weeks in the Middle East as the July cargo stems came to the fore and charterers were able to bring rates down slightly, with 270,000mt to China now fixing around the WS57 mark – down three points from last week. For the long-haul trip of 280,000 mt to USG via the cape/cape-routing rates are presumed to be unchanged in the low WS30s, with no activity being seen on the route this week. In the Atlantic sector, no fixture activity was seen on the 260,000mt West Africa to China trip, so sentiment has pushed the rates down two to three points to the W56-57 region. Meanwhile, 270,000mt USG to China saw a couple of fixtures early in the week concluded at $7.5m. The slight fall elsewhere has weakened the market and is now rated at $7.25m.
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