Diskusjon Triggere PortefĂžljer AksjonĂŠrlister

Generell Shippingprat 🚱

Transport
#1302

Notably, the Q2 2023 average VLCC and Suezmax spot rates reached US$55,000 per day and US$68,000 per day, respectively, far exceeding the historical averages of US$34,000 per day and US$27,000 per day since 1990.

The asset prices for Suezmax vessels experienced a steady increase throughout Q2 2023, with vessels aged five and 10 years witnessing an appreciation in value by 8% to 10%.

Dette lover godt for Hansson, selv om man kan gjerne tĂžyle forventninger noe grunnet en litt eldre flĂ„te. Kommer de inn i Ăžvre del av 40kUSD p/d i snitt vil man vel se nok en Ăžkning i utbytte. SĂ„ spĂžrs det om dette allerede er priset inn og denne sagnomsuste “10% yield” er senket til 8% og man fĂ„r et hopp i aksjekurs.

Gjeldsgrad vil sannsynligvis ogsÄ bli kommunisert som nedadgÄende hvor nedbetaling og Þkte verdier vil gjerne vÊre nevnte faktorer.

Kanskje det er lurt av Hansson Ä nevne en slags strategi for utskiftning av de eldste fartÞyene, nÄ som verdiene pÄ skip stiger. Sist de gjorde dette lÄ sektoren med knekt rygg, samme for NAT.

3 Likes
#1303

Har en liten pott i NAT selv, men ratene har jo gÄtt pÄ trynet i det siste. Har uansett troen pÄ det fundamentale, og planer om Ä kjÞpe mer snart, sÄ da fÄr man bare vente og se.

#1304

Ja, du har rett I det. Suezmax har ifĂžlge fearpulse sett en del lavere aktivitet som fĂžlge av at VLCC gjerne har tatt noe av frakten.

Suezmax Y/TCe ca 30kUSD

Fearnleys

Weekly Report

Week 32 - August 9, 2023

01

Tankers

VLCC

At the time of writing, a certain Korean cargo working 25-27 laycan and they are usually market setters (as in down). They have been assisted by a fresh MEG/China run on subs at WS 47, and likely any other charterers will now await a result - see what they do and hang off the coat tails. Plenty of ships fixing away off market, but also plenty to offer in (10 offers on recent stems). Yesterday’s Bitr sat at WS 48 and change, but next done will slice a few points off that. Still, only just over 100 fixtures for the month, so volume to come, but the cuts are likely starting to bite.

An active Atlantic, with mid Sept USG stems holding the market up at USD 8.3m to Ningbo. Wafr a touch softer, with TD15 down to WS 53.5 level and a softer MEG will push more vessels West. Petrobras working now, but with prompter dates, not inundated with offers. Owners perhaps not willing to fix out their Q4 at these numbers. We will see

Suezmax

Activity on Suezmax have gone drastically down the last couple of weeks. Mostly due to oil being shipped on other sizes (especially V’s), but also some production issues in Wafr, especially Forcados. At the same time, tonnage list in the West have been building up, and there have been a shift in balance East/West. It does seem like we have hit the bottom around low-mid WS 60’s in Wafr, as we have seen a bit more activity ex Brazil and USG this week. The East is looking fairly balanced still. MEG rates have remained decent even with the West dropping like a stone, due to a shorter list of tonnage in the area. Going forward we expect rates in the West to slightly improve, although this will not happen overnight.

#1305

Fra euronav q2:
Q3 2023 to-date spot rate: 45% fixed at 44,750 USD per day for VLCC scrubber
and 50% fixed at 49,500 USD for Suezmax

#1306

NAT leverte tce for spot pp 43000USD pr dag i q2, og har kontrahert ~55% av flÄten til sub 40kUSD rater i q3.

Noen som har litt innsikt til hvorfor bÄde euronav, frontline og okeanis alle oppnÄr veldig hÞye TCE rater hhv ~70, ~60 og ~50kUSD for sine suezmaxere?

Nyere fartĂžy, mindre fuel og hĂžyere betaling for scrubbere etc?

#1307

image

korrelasjon?

1 Like
SmÄprat 2020-24
#1308
#1309
#1310

PĂ„ han igjen.

1 Like
#1312

image

2 Likes
#1313

UKMTO

Skal iflg X vĂŠre en suezmaxtanker

En oppsumering

https://x.com/ed_fin/status/1745369738421645433?s=20

1 Like
#1314

Deler noen innlegg fra oljetrÄden

2 Likes
#1315
1 Like
#1316
1 Like
#1317

Litt overfladisk om det grĂžnne skiftet i shipping fra Sintef-bloggen, men en ok oppsummering og litt lenker til annet:

https://www.sintef.no/siste-nytt/2024/fire-steg-til-a-kutte-utslipp-fra-skip/

1 Like
#1318

Major US-based institutional investor BlackRock has added exposure to product tanker giant Scorpio Tankers over the past year while cutting its position in smaller peer Ardmore Shipping by more than a quarter.

The asset manager also has trimmed its shareholding in New York-based International Seaways, which operates clean and crude tonnage, while holding steady in suezmax tanker pure-play Nordic American Tankers.

Blackrock liker Hansson?

https://www.tradewindsnews.com/finance/blackrock-reshuffles-tanker-exposure-as-stocks-continue-slide/2-1-1593207

1 Like
#1319

Evt. bare at Blackrock tenker at NAT er billigst av tankercos (siden den ikke har gÄtt noe siste 6 mnd) ? Men liker jo mer tanken pÄ det fÞrste hehe - han er jo et sjarmtroll.

1 Like
#1320


med litt kartellkrydder sÄ kan dette bli interesant :sweat_smile:

1 Like
#1321

Ikke direkte relatert til shipping, men kanskje interessant for de som har sansen for Hansson.

3 Likes
#1322

vet ikke hvor utbredt dette er,det media har fremstilt til nÄ er at det er sterk konkurranse fra Kina
kan kjÞpsfesten av biler vÊre kommet til et punkt for nedtur?..og hvordan vil dette pÄvirke bilfraktselskapene? :thinking: