$FRO -7%

$GLBS continues to be strong . Up over 20% since it’s earnings. Has the CEO started buying again!

For the first time in over 2 weeks, we have a possible incident reported by UKMTO.

Here’s your SEB analyst who downgraded the tankers. He has a worse rating than the $ZIM analysts at BOA, CITI, Barclays! $FRO $NAT $TEN $TRMD $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI

$ZIM hanging OK in a bad shipping day … right around $20. Big option expiration day. I had sold a number of puts 2-3 weeks ago in the $16-18 range for today … so all will expire way worthless today 😎

Update: USV near the vessel, but did not engage and no damage or attack.

Shipping Index 9/20: - BCTI: 628 (-10) - BDTI: 894 (-3) - BLPG: 2281 (-214) - BDI: 1977 (+1) - FBX: 4643 (+5) BLPG ugly past few weeks. Tankers off their morning lows. $FRO $NAT $TEN $TRMD $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI

Despite a very bad shipping day, $NMM over $58 and a new 9+ year high!

Unlike $ZIM, $MATX keeps hitting new highs!

Attempt #823rd

$SHIP HOT today …

$ZIM closes a bit over $20, as expected with the option flow today around $20. Up 10% for the week!