Shipowners Rake in Profits Amid Energy Crisis And War!

Capt. John
Credit:
Matthew Henry/Unsplash

Global crises and geopolitical chaos are bad for most businesses. The focus at Marine Money’s New York Ship Finance Forum on Thursday was on the worsening global energy crunch, the war in Ukraine, looming sanctions on Russia, the evolving situation in China — and how phenomenal the rate outlook is for tankers carrying crude, refined petroleum products and liquefied natural gas, reports Freight Waves.

‘The party hasn’t even started yet’

The sweet spot for rates is when...

https://mfame.guru/shipowners-rake-in-profits-amid-energy-crisis-and-war/

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