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Rahul Kapoor
  • Rahul Kapoor

Tanker Shipping - Downgrade to Neutral on multiple headwinds

Low crude prices a boon; but unchecked ordering of past to hurt in future, Demand for tankers to grow, albeit at a slower pace, Supply surge to outpace demand growth Euronav: DMER cuts fair value estimate and downgrades the stock to Neutral, 2Q16 will be firm but long-term prospects seem dicey DHT Holdings Inc: Newbuilds to drive growth in 2016; weaker rates to offset it in outer years, 2Q16 booking of VLCCs provides near-term visibility Nordic American Tankers: Expected softening in rates to of...

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