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Chinese Tanker Sanctions ‘Interesting’ for Oil Shippers: Pareto By Hanna Hoikkala (Bloomberg) -- Oil shipping firms Frontline and Euronav gain on Thursday after the U.S. imposed penalties on four Chinese tanker companies for violating Iran sanctions. Pareto says in note that oil traders started to cancel cargoes booked on ships that are included under the sanctions, looking for replacement ships in a tight market Sees development as “very interesting” for the international tanker community, with potentially another “NITC-event,” where ships get excluded from broader spot markets Into peak demand season, sector faces “another layer of inefficiencies,” with expectations likely to go even higher Euronav gains as much as 7%, while peer Frontline rises as much as 8.4% |
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| aus der Diskussion: | Frontline 20 % Dividendenrendite!? |
| Autor (Datum des Eintrages): | Sugar2000 (26.09.19 11:54:53) |
| Beitrag: | 5,528 von 5,978 (ID:61572939) |
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