CICOY News and Press, COSCO Shipping Holdings Co Ltd ADR From 06/04/21

STNG is a market leader in the product tanker market and is currently trading at a significant discount to the net assets on its balance sheet. Rates in the tanker market are expected to pick up on the back of economic recovery over the next 12-24 months and constrained supply of new ...

Vivakor has filed to raise $15 million in a U.S. IPO. The firm provides soil remediation services for hydrocarbon contaminated soils. VIVK has produced uneven results on a tiny base. For further details see: Vivakor Seeks IPO For Soil Remediation Growth Efforts

The global container ship fleet is estimated at 5,500 ships with a combined capacity to carry up to 23 million 20 feet containers , equivalent to 27 billion cubic feet or the volume of 730 empire state buildings at once. Close to 45% of the fleet is owned by companies like Maersk ( AMKBY ) ...

VLCC rate hike put Korean refiners in an advantageous position vs. Chinese peers There are concerns that the recent VLCC freight rate hike could burden Korean refiners. In our view, these worries are overblown, because Korean refiners' VLCC contracts are mostly long term. However, for Chines...

Staring at the Mirror Over the weekend, we've published two charts (that are part of the ones presented below) on the chat room of the Wheel of FORTUNE . When one of our subscribers responded to these charts by saying, "All of this hand-wringing going on. Eventually they will be right. ...