DHT Holdings: The Pure-Play VLCC Stock That Pays You to Wait
LISTEN DHT Holdings owns 23 VLCCs, zero product tankers, and zero diversification hedges. That focus has produced 64 consecutive quarterly […]
Market Signals
Weekly SteamGauge dashboard, fear and greed sentiment, moving average signals, dividend trend signals, and recurring tanker market scorecards.
Market Signals
Weekly Situation Report: April 6 to April 11, 2026
1. Executive Summary A fragile 2-week US-Iran ceasefire announced April 7 to 8 sent crude oil futures plunging but failed to reopen the Strait of Hormuz in any meaningful way….
Tanker Stocks P/NAV Scorecard: April 10, 2026
Imagine you are buying a used car dealership. The cars on the lot are worth $1 million in total. Someone offers to sell you the whole business for $800,000. You…
Fear & Greed Index: 39 — Fear | April 10, 2026
The Fear & Greed Index is 39 today Sentiment: Fear Our worried beaver captures the mood perfectly — investors are feeling uneasy. What is the Fear & Greed Index? The…
Frontline’s 28 Open VLCCs Are the Real Story Behind FRO Stock Right Now
I keep coming back to the same number after my last piece on Frontline ( $FRO ). Not the $76,900 day rate. The other one. Twenty-eight. The number that keeps…
Market Signals, Stock Analysis
$FRO: Frontline Locked In a $76,900 Day Rate Before the War Started. That Looks Prescient Right Now.
I have been watching Frontline ($FRO) for a while now and I have to say, their Q4 2025 setup looks different in hindsight than it probably felt at the time….
Market Signals, Shipping News
Which Tanker Stocks Win in a Prolonged Hormuz Crisis: An Investor’s Framework
Brent just cracked $141. VLCCs are pulling in north of $420,000 a day on peak Middle East fixtures. Suezmax and Aframax charters? Over $300,000. Six months ago those same ships…
Fear & Greed Index: 19 — Extreme Fear | April 04, 2026
The Fear & Greed Index is 19 today Sentiment: Extreme Fear If the market were an animal, it’d be hiding under the porch. Extreme Fear is in the air! What…
Fear & Greed Index: 15 — Extreme Fear | April 02, 2026
The Fear & Greed Index is 15 today Sentiment: Extreme Fear Our opossum friend says it all — the market is absolutely terrified today. What is the Fear & Greed…
Market Signals, Shipping News
VLCC Rates Hit All-Time Records. The Hormuz Closure Is Unlike Anything Since 2005
The Biggest Freight Story in Two Decades The Strait of Hormuz has been effectively closed since February 28 following US and Israeli strikes on Iran. War risk P&I insurance for…
Market Signals, Shipping News
Tanker Earnings Hit All-Time Record as Strait of Hormuz Disruption Fuels Rate Supercycle
Clarksons Just Put Numbers to It This is the dominant story. Clarksons’ March 2026 Oil & Tanker Trades Outlook shows weighted-average tanker earnings reached $133,735 per day in March. That…
Fear & Greed Index: 16 — Extreme Fear | April 01, 2026
The Fear & Greed Index is 16 today Sentiment: Extreme Fear If the market were an animal, it’d be hiding under the porch. Extreme Fear is in the air! What…