Jordan Alliger Makes Waves With Deutsche Tanker Initiation

Jordan Alliger, now of Deutsche Bank, this week initiated coverage on Teekay, OMI and General Maritime, and from what we hear he has gotten a somewhat controversial reaction. Predictions that tanker rates would trend down through 2006 and 2007 due to an increase in supply – which he attributes to a heavy newbuild orderbook, diminished required scrap activity and a more modernized fleet – are hardly a cause for stir.

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