The Aristocrats(tm): Bellwether's Shipping Stocks Revue Message Board

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Strategies & Market Trends : The Aristocrats(tm): Bellwether's Shipping Stocks Revue

DHT 12.97

+0.7%

2:43 PM EDT

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To: sense who wrote (31)	10/18/2019 2:26:54 AM
From: sense	Read Replies (1) of 43

Looks like the market has quickly balanced out the hull shortage... with a rapid spike in rates that were 10 times higher than previously... which have fallen back now to "only" 4 times higher than they were. That's still a VERY POSITIVE outlook for those with hulls available to lease to fill the voids left by the removal of the COSCO ships... Those already fully chartered on longer term deals won't be able to benefit... Probably the clearest indicator of those with out-sized upside potential will be seen in their stock price performance next week...

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