NAT

Tanker Market To Expect Strong Demand On Post-Pandemic Recovery

The tanker market is set to benefit from the recovery of the global economy and trade as more oil is expected to enter the market in the coming months, reports Offshore Energy.

Demand for tankers

Easing of oil production restrictions by OPEC and depletion of world oil inventories are set to boost demand for tankers as more barrels are added to the market.

“With all of the stimulus spending, potential infrastructure spending, continued quantitative easing, strong consumer and business balance...

https://mfame.guru/tanker-market-to-expect-strong-demand-on-post-pandemic-recovery/

‘Robinhood Market’ Disseminate Through the Tanker Stocks!

  • Shipowners are happy. They need all the buyers they can get to boost their tepid trading liquidity. Retail buyers of shipping stocks are not so happy.
  • In the case of several tanker equities, retail enthusiasm appears to have been heavily countered by institutional selling.
  • NAT may be outperforming due to fewer institutional sellers, not just more retail buyers.

It is the year of the retail investor, and listed shipowners, like other public companies, have seen a wave of newcomers buy their...

https://mfame.guru/robinhood-market-disseminate-through-the-tanker-stocks/

NAT To Reap Benefits of Strong Tanker Market Conditions

In a January 7, 2020 message, it was informed about the first fixture of 2020 with a Time Charter Equivalent (TCE) in excess of $100,000 per day, says a press release published on their website.

Spot market fixtures

For reference, but not for accounting purposes, below is a list of our last spot market fixtures concluded up until the release of this message:

  • Fixture 1: TCE $50,000 per day for 50 days
  • Fixture 2: TCE $90,000 per day for 40 days
  • Fixture 3: TCE $65,000 per day for 35 days
  • Fixture 4:...

http://mfame.guru/nat-to-reap-benefits-of-strong-tanker-market-conditions/