Tanker Stocks Collapse To Fresh 52-Week Low

Capt. John
  • 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.
  • 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?
  • 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...

https://mfame.guru/tanker-stocks-collapse-to-fresh-52-week-low/

Leave a Comment