Buy dry bulk stocks.
No new ships are being delivered due to a once-in-a-generation crisis last year, and robust demand is driving freight rates up.
Good stocks: NYSE:SB / NYSE:SALT /NASDAQ:SBLK /NASDAQ:GOGL / NYSE:NMM / NYSE:DSX
Possibly also NASDAQ:EGLE, but the market would need to move up dramatically before their small ships can move the needle. They own no large ships.
I even told you to buy dry bulk stocks in September last year. I hope you listened, you probably doubled your money if you did.
What about STNG? I know they are not dry bulk but tankers aren't being built either.
Stay in your contaminat board faggot
>>2944141
Already in 2017 there have been three times as many VLCC tanker orders as in all of 2016.
The product tanker segment has been spared the newbuilding frenzy but even that can change quickly as more and more orders are piling up, including a gigantic one from Trafigura with the banking of BoCom.
Not only that, but tanker owners were expecting the ballast water regulations would push older tankers to scrapyards, but the UN's IMO decided to postpone implementation for 2 years.
There is a disaster looming here, but I'm not confident enough to tell you to short tanker stocks (except maybe Nordic American Tanker, that's going to be a shitshow).