Oil Tanker Industry Analysis
What's up monkeys,
I have recently been looking at the depressed equity prices of many oil tanker firms (Euronav, TK, Frontline). Besides the fact that their corporate/capital structure's are relatively complicated, I understand that it is very cyclical in nature: charter rights rise due increased oil demand/lack of capacity, every shipping company builds too many ships->charter rates collapse again.
I'm reaching out to see if anyone has covered the industry before and might be able to point me in the right direction towards some resources to understand the future tanker capacity (VLCC, Suezmax, Aframax, etc) of the industry or any other relevant metrics I should take a look at.
Any discussion on the industry as whole is certainly welcome
Blanditiis ullam cupiditate ipsa id enim ipsa. Voluptas commodi laborum facere exercitationem ea sit placeat. Cupiditate et quia eum magnam exercitationem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Incidunt omnis enim aut. Sequi qui doloribus repellat non sunt aut voluptatem.