Mar. 4 at 6:47 PM
$DHT The ton-mile math from the Middle East chaos is screaming right now. If you’re not watching tanker rates, you’re missing the trade. 🚢🐂
Why this thing prints money:
• Breakeven: ~
$18.3k/day
• Charters: Recently locked
$90K–
$105K/day for 1-yr deals
• Spot Rates: Middle East VLCC rates pushing deep six figures 🤯
• Operating Leverage: Almost every dollar above
$18K/day = pure profit
• Dividends:
$DHT pays 100% of ordinary net income back to shareholders
If Hormuz tensions keep rerouting cargo, voyages get longer → ship supply tightens → rates stay elevated.
Translation: cash flow machine.
Tanker gang eating this quarter.
$DHT $FRO $INSW $STNG #shipping #tankers #dividends #oil