The Christian Science Monitor: One Industry is Cashing in Big on Cheap Oil
07 May 2015: “The entire VLCC market is ‘firing on all cylinders,’ and won’t slow down anytime soon. That is the conclusion from a new report from Poten & Partners. Several industry players have posted ‘stellar earnings for the first quarter.’ Not only have low oil prices contributed to good conditions for tanker owners, but the supply of VLCCs has finally worked in the tanker industry’s favor.”