On STNG, they decided to put scrubber in most of their ships. Now hsfo vlsfo diff is about 80$, while they counted on 200+. A lot of money was invested, but chances are they won't see the expected return for that.
As such, it would seem better to avoid them in favour of other tankers.
On STNG, they decided to put scrubber in most of their ships. Now hsfo vlsfo diff is about 80$, while they counted on 200+. A lot of money was invested, but chances are they won't see the expected return for that.
As such, it would seem better to avoid them in favour of other tankers.
Among others DHT looks interesting. They should be printing money at current prices, while their SP has come down fairly much. That said, we're in stormy waters so do not apply a swim-or-die approach (lame pun intended)
On STNG, they decided to put scrubber in most of their ships. Now hsfo vlsfo diff is about 80$, while they counted on 200+. A lot of money was invested, but chances are they won't see the expected return for that.
As such, it would seem better to avoid them in favour of other tankers.
Thanks William. Which ones do you like best?
Among others DHT looks interesting. They should be printing money at current prices, while their SP has come down fairly much. That said, we're in stormy waters so do not apply a swim-or-die approach (lame pun intended)
Thanks William!