ARE TANKERS A COMPELLING INVESTMENT, EVEN IN THIS MARKET?

By Urs M. Dür

Marine Money came across information about a possible deal between Dynacom and SKShipping for three VLCCs during the week of February 19-23rd. Firstly we must make abundantly clear that by no means is this short piece declarative of what might be done or what will be done in this rumored deal or any other deal mentioned herein. We have taken a hypothetical approach for the purposes of illustration. All noted parties are highly respected members of the shipping community with tremendously successful track records and we wish them all the success possible.

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