Is the sky falling in on the tanker market? That seems to be the question of the day. There are certainly those who would assert that it is, or is about to, as rapidly falling tanker stock prices and even more rapidly falling charter rates remind many of the barren shipping landscape of the 80s and parts of the 90s. Then there are those who would disagree and have drawn a very different conclusion based on their view of tanker market fundamentals. We thought it might be useful to take a look at these views and the opinions behind them as investors and operators recover from an ungraceful destruction of the tanker equities.
This is only an excerpt of Is the Sky Falling in on Tanker Equities?
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Tags: · Citigroup Smith Barney, Gregory Burns, Hassan Malik, Hibernia, Jefferies, John Kartsonas, Jon Chappell, JP Morgan, Morten Arntzen, OMI, OSG, Ray Wu, Robert Bugbee, Top Tankers
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