@ed_fin btw look at how a Dry Bulk name was the best performer since Ed Fin noticed that absolutely no one cared about the category anymore.
Himalaya $HSHP has outperformed the top VLCC names, even though the Hormuz shutdown happened 🤯
Tonight, 18:00 @ The Dubliner Pub, Oslo 🍺
Casual meetup for anyone into investing, markets, shipping, offshore — good group of sharp people already. No registration, just show up.
Oaktree Capital’s $TRMD entry was characteristically impeccable... but its exit has been an unmitigated disaster. They forfeited 9 figures via appalling execution.
This man’s brain has been on the verge of exploding from dividends since February 2022, and you priced the share block at that big of a discount? Wtf is wrong with you amateurs? We need the hungry 23 year old levered Norwegian bankers who drive Jaguars, not NY boomers
@wdholland2003 It was indeed said. The "news" that Ukraine will stop bombing Russian refineries is bigger than Saudi shutting East West in today's market. Heating Oil (HO)/Diesel today
VLCC “TINA 5” (built 2002 Hyundai, 316k dwt) was recently reported sold for demolition. She used to do lots of sanctioned Venezuelan cargoes.
Surprise! She is now reported sold for onwards trade, for $55M. IMO # 9237761. Unsanctioned vessel.