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J Mintzmyer - Shipping Extraordinaire

The Business Brew

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Tankers Are the One Segment Where a Slowdown Really Matters

You can, you know, read news reports and get a rough idea of how big the order book is or how big the demand projections are. You have to pay up for that data. I think now is one of the best times we've had in the last two or three years to be buying tanker stocks. It might take a year or two to turn roundi i'm not quite as optimistic about a near term recovery as i was back in february or march,. That just has to do with how long covits dragging on and out.

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