Tag Archives: crude tankers
GNRT-US: Initiation (SELL, TP 3.8)
Gener8 Maritime emerged in 2015 as the result of the merger between General Maritime and Navig8 Crude Tankers. The company has a fleet of 38 oil tankers trading spot, consisting of 23 VLCCs, 10 Suezmaxes and five Aframaxes/Panamaxes. GNRT is highly leveraged and...
Posted in oil tankers Tagged crude tankers, Gener8 Maritime, GNRT, shipping Leave a comment
TIL-NO: Initiation (SELL, TP 33)
Originally set up as a well-timed asset play in early 2014, the company managed to divest a small portion of its fleet before the cycle turned to recession in 2016. Thus, the focus has shifted to operations ahead of the...
Posted in oil tankers Tagged crude tankers, shipping, tanker investments, til, til-no 3 Comments