Tainted Alpha

These posts are reposted from Tainted Alpha, with the publisher’s permission.

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Tanker Weekly – January 7, 2013- Tainted Alpha

The fleet is growing slower in tankers than in dry bulk and the order-book is smaller in proportion to the fleet size. The difference is that the volumes are more stable then in wet cargo, so overall maybe a bit better situation than in dry bulk, but the diagnose is the same: a lot of scrapping needed to induce some recovery. Follow the…