That's good news anyway!
only VLCC rates have moved up ... everything else is stuck in the mud at low tide....i can't imagine great earnings this Q
Anyone else notice the div being paid a month earlier than usual? Any thoughts about the two VLCC foreclosures? Sold? Time chartered out? And why the big move today?
Well they have stated that TNK would be paying a 3 cent div. per quarter and until the tanker market turns around it will remain that way. In addition, the stock will sit at this level until there is a change.