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Tankers are consolidating gains

Why we ought to remain bullish despite wider economic concerns

Tanker owners, brokers, equity analysts and investors have been getting increasingly excited about the freight markets in August and September. Some have even predicted as big a freight market as was enjoyed between 2005 and 2008. It can be hard to discern the cause for all the excitement in the midst of weak macro-economic data, a continuing pandemic, rising inflation, a cost of living crisis, and a slumping equity market. On September 13, the Dow Jones plunged 1,276 points but tanker stocks D...

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