Det er nogle meget grimme og dyre dage - hvad er så fakta indtil videre? Fakta er råtank har tjent rigtig gode penge og de fleste har lukket hovedparten af deres både på meget høje rater. Fakta er de selskaber som har afrapporteret på nuværende tidspunkt alle er kommet med flotte tal og de har alle haft noget godt til aktionærerne - dels udbytte, omlægning af gæld til lavere renter, udbyttebetaling og nogle tilbagekøb af aktier.
Eksempler:
Euronav udbyttebetaling hver kvartal af 80% af overskuddet excl. Gevinst på skibssalg - min vurdering af Q1 er en usd pr aktie.
Teekay solgt nogle skibe og reduceret gæld
Scorpio tankers - udbytte på 0.1 usd samt de fortalte at de få betyde større rater hjem end gennemsnittet, vil bruge penge på reduktion sf gæld samt evt tilbagekøb af aktier. De fortalte ssmtidig at de opleveret at olien blev sendt fra Østen til Europa - nye handdlsveje.
International Seaways - solgt LNG forretningen, omlagt gælden til billigere rente starter udbyttebetaling med 0,06 usd har herudover mulighed for tilbagekøb af aktier for 30 mio usd.
Frontline kraftig forøget udbytte betaling, ny investering i 10 skibe finansieret via Leasingselskab
.
Nat rigtig god resultat samt udbyttebetaling - de oplever nu at der er nogle som lejer skibe for oplag af olie - olieproducenter kan jo ikke bare lukke produktionen
Også har vi Tsakos - de har ikke afrapporteret men vi er lovet et godt resultat og forøget udbyttebetaling.
Fremtiden - de rater vi så i fredags så uændret godt og fornuftig ud, dele af Europa er ved at lukke ned, flyselskaber parkere fly i en periode, Kina er ved at åbne op igen, de betyder de skibe som skal korrigere med "skrubbers" nu kan komme ind og dermed bliver der taget tonage ud. Jeg kunne blive ved med plusser og minusser - jeg vil slutte af med min tolkning af det Euronav CEO sagde på deres web-cast, han vurdering var at 2020 blev rigtig godt fordi Q1 ville blive rigtig godt, så ville det blive lidt stille hen over sommeren for så at køre op igen til efteråret - jeg håber han får ret
Eksempler:
Euronav udbyttebetaling hver kvartal af 80% af overskuddet excl. Gevinst på skibssalg - min vurdering af Q1 er en usd pr aktie.
Teekay solgt nogle skibe og reduceret gæld
Scorpio tankers - udbytte på 0.1 usd samt de fortalte at de få betyde større rater hjem end gennemsnittet, vil bruge penge på reduktion sf gæld samt evt tilbagekøb af aktier. De fortalte ssmtidig at de opleveret at olien blev sendt fra Østen til Europa - nye handdlsveje.
International Seaways - solgt LNG forretningen, omlagt gælden til billigere rente starter udbyttebetaling med 0,06 usd har herudover mulighed for tilbagekøb af aktier for 30 mio usd.
Frontline kraftig forøget udbytte betaling, ny investering i 10 skibe finansieret via Leasingselskab
.
Nat rigtig god resultat samt udbyttebetaling - de oplever nu at der er nogle som lejer skibe for oplag af olie - olieproducenter kan jo ikke bare lukke produktionen
Også har vi Tsakos - de har ikke afrapporteret men vi er lovet et godt resultat og forøget udbyttebetaling.
Fremtiden - de rater vi så i fredags så uændret godt og fornuftig ud, dele af Europa er ved at lukke ned, flyselskaber parkere fly i en periode, Kina er ved at åbne op igen, de betyder de skibe som skal korrigere med "skrubbers" nu kan komme ind og dermed bliver der taget tonage ud. Jeg kunne blive ved med plusser og minusser - jeg vil slutte af med min tolkning af det Euronav CEO sagde på deres web-cast, han vurdering var at 2020 blev rigtig godt fordi Q1 ville blive rigtig godt, så ville det blive lidt stille hen over sommeren for så at køre op igen til efteråret - jeg håber han får ret
5/3 2020 22:02 Enkommentar1 3
82345 Fra NAT
Hamilton, Bermuda, March 2, 2020
Dear Shareholders,
We already referred to the Corona Virus in a press release of Friday January 31, 2020, stating that "we do not see any implications for NAT" - from the Virus.
In the NAT Q4 2019 report of Tuesday February 18, 2020 we drew the same conclusion. We have learnt over the years that we do not necessarily see negative implications for NAT in times when there is political uncertainty.
Political uncertainty may create positive implications for NAT. The last few years, irrespective of the Corona Virus, there are exports of crude oil from the USA. This development creates work for many suezmaxes of our type.
It is part of our business to handle risk. We have traded ships in Hormuz for decades - Hormuz in the Persian Gulf is an area between the adversaries Saudi Arabia and Iran of about 30 nautical miles.
Although the indirect effects from the Virus may have short term negative implications for the oil market, it does not necessarily impact the market for NAT.
Reduced world oil trade in itself is negative for NAT. On the plus side there are several positive factors. Observers must not lose their heads - tendencies we see now.
Situations like these create irrational behavior by many parties, among investors, financial institutions and others. As a tanker company, we are cautious and do not wish to stimulate such irrational behavior.
As an example, we now see increased demand for storage space. Several of our ships are employed in this way. In tough times, you always have cans of reserve food in your basement. Now we have "reserve" oil.
The NAT tanker business has a solid future - short term bumps in the road, caused by Virus or other contingencies, do not distort our expectations in this regard. The East/Far East remain the area of growth in the years to come - the economic machine of international business, stimulating the NAT tanker business.
A main objective for NAT is to remain a dividend company.
Sincerely,
Herbjørn Hansson
Chairman & CEO
Nordic American Tankers Ltd.
Hamilton, Bermuda, March 2, 2020
Dear Shareholders,
We already referred to the Corona Virus in a press release of Friday January 31, 2020, stating that "we do not see any implications for NAT" - from the Virus.
In the NAT Q4 2019 report of Tuesday February 18, 2020 we drew the same conclusion. We have learnt over the years that we do not necessarily see negative implications for NAT in times when there is political uncertainty.
Political uncertainty may create positive implications for NAT. The last few years, irrespective of the Corona Virus, there are exports of crude oil from the USA. This development creates work for many suezmaxes of our type.
It is part of our business to handle risk. We have traded ships in Hormuz for decades - Hormuz in the Persian Gulf is an area between the adversaries Saudi Arabia and Iran of about 30 nautical miles.
Although the indirect effects from the Virus may have short term negative implications for the oil market, it does not necessarily impact the market for NAT.
Reduced world oil trade in itself is negative for NAT. On the plus side there are several positive factors. Observers must not lose their heads - tendencies we see now.
Situations like these create irrational behavior by many parties, among investors, financial institutions and others. As a tanker company, we are cautious and do not wish to stimulate such irrational behavior.
As an example, we now see increased demand for storage space. Several of our ships are employed in this way. In tough times, you always have cans of reserve food in your basement. Now we have "reserve" oil.
The NAT tanker business has a solid future - short term bumps in the road, caused by Virus or other contingencies, do not distort our expectations in this regard. The East/Far East remain the area of growth in the years to come - the economic machine of international business, stimulating the NAT tanker business.
A main objective for NAT is to remain a dividend company.
Sincerely,
Herbjørn Hansson
Chairman & CEO
Nordic American Tankers Ltd.
Jeg synes ikke meddelelsen reddede kursen for i aften :-(
5/3 2020 22:24 Enkommentar1 182347 Der er panik i det hele så vi med nøjes med udbytte fra rederierne
5/3 2020 22:39 Enkommentar1 682348 Tsakos har en børsværdi i aften på 207 mio usd i ordinære aktier - den 20/12 havde de en kassebeholdning på 180 mio usd.
Kik denne link:
https://www.tenn.gr/wp-content/uploads/2019/12/tsakosdatakit122019.pdf
Kik denne link:
https://www.tenn.gr/wp-content/uploads/2019/12/tsakosdatakit122019.pdf
6/3 2020 12:24 Enkommentar1 182354 Tank der tjenes penge både på produkt og råolie tank - produkt steget kraftig
https://www.nat.bm/wp-content/uploads/2020/03/Weeklyfreightrates060320.pdf
https://www.nat.bm/wp-content/uploads/2020/03/Weeklyfreightrates060320.pdf
6/3 2020 14:20 Enkommentar1 282355 Fra Euronav der har købt en VLCC mere - bemærk kommentar om markedet pt.
ANTWERP, Belgium, 6 March 2020 - Euronav NV (NYSE: EURN & Euronext: EURN) ("Euronav" or the "Company") announces it has entered into an agreement for the acquisition through resale of one VLCC newbuilding contract.
Currently completing construction at the DSME shipyard in South Korea this modern eco-VLCC is being acquired for USD 93 million and will be fitted with Exhaust Gas Scrubber technology and Ballast Water Treatment System. The vessel is due for delivery early in the first quarter of 2021 and is an identical sister ship of the 3 VLCCs acquired last month.
Hugo de Stoop, CEO said: "Management and the board continue to believe that the fundamentals of the large tanker market remain constructive despite substantial headwinds surrounding economic activity linked to the Corona Virus. We believe and hope these will be temporary albeit likely to impact tanker markets until the end of the summer 2020."
Acquisition rationale and funding
This transaction is consistent with our core company objectives with the vessel being an ex-yard resale, thus not adding to existing vessel supply. Euronav will meet the financing of this acquisition with existing borrowing facilities and debt capacity. The payment profile for this transaction means that the largest portion of the instalments will be made on ship delivery. Balance sheet debt leverage will continue to remain appropriate in order to allow the Company to retain its strength and flexibility.
ANTWERP, Belgium, 6 March 2020 - Euronav NV (NYSE: EURN & Euronext: EURN) ("Euronav" or the "Company") announces it has entered into an agreement for the acquisition through resale of one VLCC newbuilding contract.
Currently completing construction at the DSME shipyard in South Korea this modern eco-VLCC is being acquired for USD 93 million and will be fitted with Exhaust Gas Scrubber technology and Ballast Water Treatment System. The vessel is due for delivery early in the first quarter of 2021 and is an identical sister ship of the 3 VLCCs acquired last month.
Hugo de Stoop, CEO said: "Management and the board continue to believe that the fundamentals of the large tanker market remain constructive despite substantial headwinds surrounding economic activity linked to the Corona Virus. We believe and hope these will be temporary albeit likely to impact tanker markets until the end of the summer 2020."
Acquisition rationale and funding
This transaction is consistent with our core company objectives with the vessel being an ex-yard resale, thus not adding to existing vessel supply. Euronav will meet the financing of this acquisition with existing borrowing facilities and debt capacity. The payment profile for this transaction means that the largest portion of the instalments will be made on ship delivery. Balance sheet debt leverage will continue to remain appropriate in order to allow the Company to retain its strength and flexibility.
6/3 2020 14:39 Helge Larsen/PI-redaktør 282356 Having revised our Oil Tanker shipping outlook with recent information as of early March, we see very few changes vs our earlier forecasts.
#OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP
https://twitter.com/JHannisdahl/status/1235896293479919618
#OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP
https://twitter.com/JHannisdahl/status/1235896293479919618
6/3 2020 14:46 Enkommentar1 382357 Frontline fra i dag
Frontline Ltd. (the "Company" or "Frontline") today announced that it has signed a sale-and-leaseback agreement in an amount up to $544 million (the "Lease Financing") with ICBC Financial Leasing Co., Ltd. ("ICBCL").
The Lease Financing has a tenor of seven years, carries a rate of LIBOR plus a margin of 230 bps, has an amortization profile of 17.8 years and includes purchase options for Frontline throughout the term with a purchase obligation at the end of the term.
The proceeds of the Lease Financing will be used to finance the cash amount payable upon closing of the acquisition of 10 Suezmax tankers built in 2019 under the sale and purchase agreement with a wholly-owned subsidiary of Trafigura Pte Ltd. targeted to take place March 16, 2020.
Inger M. Klemp, Chief Financial Officer of Frontline Management AS, commented:
"We are very pleased to have signed the Lease Financing with ICBCL, which marks an important transaction between ICBCL and Frontline. This transaction extends our capital sources at a very attractive capital cost, maintains our industry leading cash breakeven rates and maximizes potential cash flow per share after debt service."
Frontline Ltd. (the "Company" or "Frontline") today announced that it has signed a sale-and-leaseback agreement in an amount up to $544 million (the "Lease Financing") with ICBC Financial Leasing Co., Ltd. ("ICBCL").
The Lease Financing has a tenor of seven years, carries a rate of LIBOR plus a margin of 230 bps, has an amortization profile of 17.8 years and includes purchase options for Frontline throughout the term with a purchase obligation at the end of the term.
The proceeds of the Lease Financing will be used to finance the cash amount payable upon closing of the acquisition of 10 Suezmax tankers built in 2019 under the sale and purchase agreement with a wholly-owned subsidiary of Trafigura Pte Ltd. targeted to take place March 16, 2020.
Inger M. Klemp, Chief Financial Officer of Frontline Management AS, commented:
"We are very pleased to have signed the Lease Financing with ICBCL, which marks an important transaction between ICBCL and Frontline. This transaction extends our capital sources at a very attractive capital cost, maintains our industry leading cash breakeven rates and maximizes potential cash flow per share after debt service."
6/3 2020 18:31 Enkommentar1 282360 Lang om længe har Tsakos fået solgt nogle skibe som der har værer talt længe om fra deres side:
TEN LTD ANNOUNCES SALE OF FIVE TANKERS, THREE SUEZMAXES AND TWO HANDYSIZE PRODUCT CARRIERS AND DATE OF FOURTH QUARTER AND YEAR END DECEMBER 31, 2019 FINANCIAL RESULTS, CONFERENCE CALL AND WEBCAST
Sale to add $47 million in free cash
$58 million in debt reduction
ATHENS, GREECE - March 6, 2020 - Tsakos Energy Navigation Limited ("TEN" or the "Company") (NYSE:TNP) today announced the sale of three suezmax crude carriers, as well as the agreement to sell two product carriers for a total price of $104 million. These sales, in aggregate, will add $47 million of free cash and will reduce associated debt by $58 million.
"Regardless of the short-term challenges the market is facing due to the coronavirus, longer-term market prospects remain positive. The above transactions enable the Company to proceed with its policy of maintaining a modern fleet through strategic sales of first-generation vessels," Mr. George Saroglou, COO of TEN commented. "With a strong balance sheet and growing cash reserves, a young fleet much in demand by high-end charterers and timely divestment of assets, TEN remains focused on healthy shareholders returns and responsible growth when opportunities arise," Mr. Saroglou concluded.
TEN LTD ANNOUNCES SALE OF FIVE TANKERS, THREE SUEZMAXES AND TWO HANDYSIZE PRODUCT CARRIERS AND DATE OF FOURTH QUARTER AND YEAR END DECEMBER 31, 2019 FINANCIAL RESULTS, CONFERENCE CALL AND WEBCAST
Sale to add $47 million in free cash
$58 million in debt reduction
ATHENS, GREECE - March 6, 2020 - Tsakos Energy Navigation Limited ("TEN" or the "Company") (NYSE:TNP) today announced the sale of three suezmax crude carriers, as well as the agreement to sell two product carriers for a total price of $104 million. These sales, in aggregate, will add $47 million of free cash and will reduce associated debt by $58 million.
"Regardless of the short-term challenges the market is facing due to the coronavirus, longer-term market prospects remain positive. The above transactions enable the Company to proceed with its policy of maintaining a modern fleet through strategic sales of first-generation vessels," Mr. George Saroglou, COO of TEN commented. "With a strong balance sheet and growing cash reserves, a young fleet much in demand by high-end charterers and timely divestment of assets, TEN remains focused on healthy shareholders returns and responsible growth when opportunities arise," Mr. Saroglou concluded.
6/3 2020 19:41 Helge Larsen/PI-redaktør 182361 Tanker report - Week 10
https://thebalticbriefing.com/tanker-report/tanker-report-week-10-4/
https://thebalticbriefing.com/tanker-report/tanker-report-week-10-4/
6/3 2020 19:49 Helge Larsen/PI-redaktør 182363 Clean tanker rates up again...way above YTD average...way above seasonal averages,
https://twitter.com/calvinfroedge/status/1235978804268539906
https://twitter.com/calvinfroedge/status/1235978804268539906
6/3 2020 21:14 Enkommentar1 282365 Yes det er rigtig godt for Scorpio Tankers som handles meget billigt samt de har bevist at de får en bedre rate end gennemsnittet.
6/3 2020 21:21 Enkommentar1 182366 Jeg har kikke på de priser som de har fået for disse fem skibe og min klare vurdering er at det er rigtige gode priser de har fået hjem - min vurdering er at de skibe som er solgt er dem som er gns. 15 år gamle.
Suezmax er handlet over de sidste fem år fra 16 til 23,5 Mio usd
Handysize er handlet over de sidste fem år fra 9,0 til 13,5 Mio usd
Der er solgt tre Suezmax og to af de andre til 104 Mio usd - I forhold til ovennævnte må vi sige det er godtkendt.
De får 47 mio usd fri - hvis de brugte dem på tilbagekøb i dag ville de kunne købe 1/4 af aktierne i rederiet..
Helt vildt!
Suezmax er handlet over de sidste fem år fra 16 til 23,5 Mio usd
Handysize er handlet over de sidste fem år fra 9,0 til 13,5 Mio usd
Der er solgt tre Suezmax og to af de andre til 104 Mio usd - I forhold til ovennævnte må vi sige det er godtkendt.
De får 47 mio usd fri - hvis de brugte dem på tilbagekøb i dag ville de kunne købe 1/4 af aktierne i rederiet..
Helt vildt!
6/3 2020 23:32 Helge Larsen/PI-redaktør 282371 Clarkson's Platou weekly tanker report confirms the great rate environment.
https://twitter.com/GregVous/status/1236018255359365120
https://twitter.com/GregVous/status/1236018255359365120
7/3 2020 00:11 Enkommentar1 282373 Det er den samme som NAT offentliggør hver fredag.
På trods af store fald i USA og på olien, hold tank sige oppe
På trods af store fald i USA og på olien, hold tank sige oppe
8/3 2020 09:17 Helge Larsen/PI-redaktør 182391 Tank: Der vil blive lagret meget olie på skibene i den kommende tid:
https://twitter.com/MilesTaylor47/status/1236424107387846657
https://twitter.com/MilesTaylor47/status/1236424107387846657
8/3 2020 15:26 Enkommentar1 082398 Prøv at lytte denne web-cast der er lagt op til priskrig - det er godt for tank af flere årsager efter min mening:
1. Laver olie giver mere forbrug
2. Det giver billiger brændstof for skibene
3. Vi vil komme til at opleve "unormalitet" på hvilke rurer olien kommer fra.
4. Spekulation i olie og dermed der er nogle som lejer tankskibe til oplag af olie.
5. Virussen kan måske medføre ar nogle vil have fyldt mere på lager for at være sikker på at levere.
Min vurdering er at dette er godt for alle som forbruger store mængder olie og transporter det.
Kikker vi på raterne på tank tjenes der gode penge og de rederier som jeg følger er alle komme med gode opdateringer - disse er:
Tsakos
NAT
Euronav
Scorpio Tankers
International Seaways
Teekay Tankers
Alle er faldet ekstrem meget som intet har at gøre med fakta - b.la. Euronav tror jeg kommer med udbytte næste gang på omkring 1 usd - det er over 10% udbetaling ift kursen..
Link:
Putin Dumps MBS to Start a War on Shale Oil Industry https://www.bloomberg.com/news/articles/2020-03-07/putin-dumps-mbs-to-start-a-war-on-america-s-shale-oil-industry
1. Laver olie giver mere forbrug
2. Det giver billiger brændstof for skibene
3. Vi vil komme til at opleve "unormalitet" på hvilke rurer olien kommer fra.
4. Spekulation i olie og dermed der er nogle som lejer tankskibe til oplag af olie.
5. Virussen kan måske medføre ar nogle vil have fyldt mere på lager for at være sikker på at levere.
Min vurdering er at dette er godt for alle som forbruger store mængder olie og transporter det.
Kikker vi på raterne på tank tjenes der gode penge og de rederier som jeg følger er alle komme med gode opdateringer - disse er:
Tsakos
NAT
Euronav
Scorpio Tankers
International Seaways
Teekay Tankers
Alle er faldet ekstrem meget som intet har at gøre med fakta - b.la. Euronav tror jeg kommer med udbytte næste gang på omkring 1 usd - det er over 10% udbetaling ift kursen..
Link:
Putin Dumps MBS to Start a War on Shale Oil Industry https://www.bloomberg.com/news/articles/2020-03-07/putin-dumps-mbs-to-start-a-war-on-america-s-shale-oil-industry
8/3 2020 15:44 Enkommentar1 082399 Citat fra Børsen i dag:
Dette er en eksempel af denne "unormalitet" jeg vurdere vil opstå:
Efter nedbruddet i forhandlingerne har Saudi-Arabien med sit olieselskab Saudi Aramco ifølge Jan Bulov givet de Nordvest-europæiske kunder et klækkeligt tilbud om fra april at købe olie til markedsprisen minus en rabat på 10,25 dollar.
"Det er de største rabatter i 20 år. Det er en direkte konfrontation med Rusland, hvis storkunde netop er Nordvesteuropa," siger Jan Bulov.
Han er netop ved at simulere forskellige risikoscenarier for at kunne vurdere, hvad det vil betyde for olieprisens udvikling i fremtiden.
Læs den fulde artikel på www.Borsen.dk
Dette er en eksempel af denne "unormalitet" jeg vurdere vil opstå:
Efter nedbruddet i forhandlingerne har Saudi-Arabien med sit olieselskab Saudi Aramco ifølge Jan Bulov givet de Nordvest-europæiske kunder et klækkeligt tilbud om fra april at købe olie til markedsprisen minus en rabat på 10,25 dollar.
"Det er de største rabatter i 20 år. Det er en direkte konfrontation med Rusland, hvis storkunde netop er Nordvesteuropa," siger Jan Bulov.
Han er netop ved at simulere forskellige risikoscenarier for at kunne vurdere, hvad det vil betyde for olieprisens udvikling i fremtiden.
Læs den fulde artikel på www.Borsen.dk
9/3 2020 00:40 Enkommentar1 082422 Olien er nede med 20% nu - Brent ligger på 35$ pr tønde, der bliver efterspørgsel på tankskibe på dette niveau
9/3 2020 10:22 Enkommentar1 082442 Kan se tank falder i dag - det er jo reelt en fordel for tank det som sker nu - det er nok fordi, som sædvanlig at mange ikke kan gennemskue at noget sådan er en fordel for tank
9/3 2020 10:45 Enkommentar1 082445 Vi er i plus nu - det bliver interessant at følge markedet de kommende dag og uger - tank bør tjene endnu flere penge nu.
