May. 9 at 12:19 PM
$FRO $CMBT $DHT $SPY
All the super tanker specialty stocks that are directly connected to spot rate market pricing and in the VLCC class are making Record Breaking Historic high rates and have been since the start of the iran war.
On top of this, the tanker industry was already in a shortfall of inventory of ships
Thus: it's currently in a supercycle and some companies seeing spot rate prices of over 400k. A day!
Plus the industry as a whole is extremely undervalued and have been since the covid era! FYI extreme value!