With the first half in the rearview mirror, it’s time to take stock of shipping shares. How did they fare, particularly the tanker equities that stole the spotlight?
FreightWaves ran the numbers on the larger U.S.-listed ship owners — and not to rub salt in the wound, but the numbers are ugly.
Among the larger companies, the best-performing stock by far is Nordic American Tankers (NYSE: NAT), an owner of Suezmax tankers (tankers that carry 1 million barrels of crude).
The worst performer by far...
https://www.freightwaves.com/news/tanker-stocks-are-sinking-toward-the-bottom