Khalid Hashim

Dry bulk freight rates will remain very strong for the next three to five years because the supply side of ships is running neck and neck with the orderbook, with no meaningful difference between the existing fleet and the forward order book, limiting fleet growth. China's iron-ore buying pattern adds short-term volatility but does not change the long-term supply constraint.

Tanker rates in the Atlantic basin doubled to $200,000/day. Insurance premiums are up 200% to 1200%. Ships are rerouting or stopping. Disruption in the Persian Gulf reduces effective fleet supply (longer voyages = fewer turns). When supply constricts and anxiety rises, day rates for available tankers (Frontline, Scorpio, Teekay) skyrocket. These companies can pass insurance costs to desperate clients. LONG tanker stocks to capture the surge in freight rates. Demand destruction if oil prices go too high; rapid resolution of the conflict.

Tanker rates in the Atlantic basin doubled to $200,000/day. Insurance premiums are up 200% to 1200%. Ships are rerouting or stopping. Disruption in the Persian Gulf reduces effective fleet supply (longer voyages = fewer turns). When supply constricts and anxiety rises, day rates for available tankers (Frontline, Scorpio, Teekay) skyrocket. These companies can pass insurance costs to desperate clients. LONG tanker stocks to capture the surge in freight rates. Demand destruction if oil prices go too high; rapid resolution of the conflict.

Tanker rates in the Atlantic basin doubled to $200,000/day. Insurance premiums are up 200% to 1200%. Ships are rerouting or stopping. Disruption in the Persian Gulf reduces effective fleet supply (longer voyages = fewer turns). When supply constricts and anxiety rises, day rates for available tankers (Frontline, Scorpio, Teekay) skyrocket. These companies can pass insurance costs to desperate clients. LONG tanker stocks to capture the surge in freight rates. Demand destruction if oil prices go too high; rapid resolution of the conflict.