I haven’t heard a single investor or analyst comment on the recent rally in Panamax/Supra drybulk earnings. $SBLK

<cue the sound of thousands of investors realizing they do not own enough VLCC exposure, simultaneously>

And now Capesize looks ready to🚀#Drybulk

The Simandou iron ore project in Guinea, the world's largest untapped high-grade deposit, is confirmed to be on track for its first shipment in November 2025. This comes despite a challenging rainy season and a recent fatal accident. The JV, SimFer, reports rapid progress on key

IYKYK

This is potentially game changing news for #tankers. Looks like China might join the effort to get rid of the shadow fleet.

John Fredriksen’s move into $SBLK looks more strategic than speculative. A Seatankers rep now sits on the board #shipping #drybulk

Now they only need to find a ship....

Someone call the excavator guy! Hearing dark fleet(!) tanker is blocking the Suez Canal.

….

January Saudi allocations to China are big! Total of 49.5 mil bbl, rebounding from 36 mil bbl for December Here's the breakdown: Sinopec 13  PC 9 Sinochem 2 CNOOC 2 Zhenhua 0  Fujian JV 4.5 Rongsheng 17 Hengli 0 Shenghong 2 #oott #oil #china

VLCC rates about to reach WS 100. In January🤯

#US action on #Venezuela is basically transforming 800kbd of sanctioned #Oil exports to compliant. Compliant seaborne #Crude trade was ~36mbd before Maduro ‘left’, thats incremental +2.2%… imagine #Iran ~1.8mbd of exports joining the #compliant fold... $FRO #OOTT

Here we go again! VLCC rates about to take off again.#tankers

#tankers

If I chartered in 40 VLCCs on high 1 year fixed TC and now I can’t go to port and get a cargo. Is that good or bad? Asking for a Korean friend.

Charterers will not forget this next time the market is oversupplied…