Treading Water

As we settle into the third quarter of 2011, outlooks for the health of the global economy have been erratic at best upon headlines out of control debts, stagnant growth, and rising unemployment in developed economies. Despite recent gains in stock market performance, the grim state of macroeconomic affairs does not inspire much investor optimism in European and American markets. Tanker owners have proven incredibly resourceful in getting by, however a look into the economics of vessel ownership suggests that creative solutions may soon be required to navigate the market’s choppy waters. Download here