Pareto on Product Tankers: 20%+ div.yield 50% upside HAFNIA
Pareto on Product Tankers – 20%+ div. yields and 50% upside in HAFNI
IN February, 2023 EU imposed sanction on Russian oil products (diesel, etc). That meant that EU will have import diesel from 3-7 times longer distances than when supplied by Russia. It means the product tanker rates will go up and therefore Product tanker equities should benefit.
This is happening with some time lag – the EU build up supplies from Russia before February. Now the inventories are steadily falling – and product tankers equities are starting to gain traction. We are long HAfnia
research summary below:
https://fitinvestmentideas.com/2023/04/14/pareto-on-product-tankers-20-divyields-and-50-upside-in-hafni/
IN February, 2023 EU imposed sanction on Russian oil products (diesel, etc). That meant that EU will have import diesel from 3-7 times longer distances than when supplied by Russia. It means the product tanker rates will go up and therefore Product tanker equities should benefit.
This is happening with some time lag – the EU build up supplies from Russia before February. Now the inventories are steadily falling – and product tankers equities are starting to gain traction. We are long HAfnia
research summary below:
https://fitinvestmentideas.com/2023/04/14/pareto-on-product-tankers-20-divyields-and-50-upside-in-hafni/