@mmbrenn@AlanKohler Alan is wrong on insurance being the reason for no transits.
Demurrage is $300,000 per day and these tankers are irreplaceable.
They’re raking it in with no need to kill their crew.
What else is he wrong about ?
https://t.co/KyL0EUZW5e
Tanker fleet hits an ageing tipping point: 51% of vessels are now >15 years old, the typical oil major cutoff. Despite a 20% orderbook-to-fleet ratio and heavy VLCC ordering in 2026, the surge reflects a long-overdue fleet renewal cycle replacing ageing tonnage.
@ctindale You had a Typo
13.The Sniff Test Tribunal
“Because” uncertainty persists, the chicken is subjected to a formal sniff inspection. The result of the sniff test may overrule all previous evidence.
A few people away from 50k followers
Upon reaching 50k, a random follower who retweets this post will receive a free lifetime subscription to my blog posts
I went on TV today to say we shouldn’t get into another war. Trump watched it and posted: “we will have a wonderful American Patriot running against him in the Republican Primary, and I'll be out in Kentucky campaigning really hard.”
Please support me! https://t.co/AgJY01IWPL
A fellow Australian explains how to cope with @AlboMP tax on unrealised gains “The best strategy is to cash in your super and buy a huge house, far larger than you need, for CGT free gains. Capitalise the interest. Enjoy retirement. Borrow against it for life expenses. Just more Labor poorly thought out policy. Not that Albo has to worry on his inflated pension at the cliff top in Copacabana” @WilsonAssetMgmt estimates $155 billion will go into housing because of @AustralianLabor’s tax on unrealised gains.
A fellow Australian explains how to cope with @AlboMP tax on unrealised gains “The best strategy is to cash in your super and buy a huge house, far larger than you need, for CGT free gains. Capitalise the interest. Enjoy retirement. Borrow against it for life expenses. Just more Labor poorly thought out policy. Not that Albo has to worry on his inflated pension at the cliff top in Copacabana” @WilsonAssetMgmt estimates $155 billion will go into housing because of @AustralianLabor’s tax on unrealised gains.
Saab - like all EU defense stocks - is trading on momentum strategies and late comers. Totally disconnected from its industrial reality on the ground, even though the de-globalisation theme stands.
Don’t panic now. Saab isn’t Airbus even if you love the Gripen as I am.
In USD
When a political party loses the presidency to Donald Trump (and Elon and Jeff and Mark and all the others) not once but twice, it should accept it has completely failed in its purpose, and ought to be thoroughly root-and-branch reformed or replaced.
Last night's keynote "Flat Out Like a Nation Sinking"
Northern Beaches Liberal Party Event
From the audience reaction after, I don't think their members are happy with the party's policy platform.
@ttmygh 3 American friends here (all from Midwest states) told me they still have to, and have always had to, show ID to vote. I’m been wondering if no ID is just fake news…
@BurggrabenH Stability is over-rated. Chaos breeds opportunities. Dynamic economies are the best. Glad Trump will throw a hand grenade into the establishment, hoping some big banks go bankrupt!