Nordic American Tankers Limited Message Board
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war in middle east
so what happens to rates if war breaks out in the key oil-producing middle east? besides Syria, and Iran, we are sure to see another invasion of Lebanon.
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David..you are quite right in inquiring as to what effects war would have on NAT. It is one of the risk factors involved. War requires lots of energy, So one would imagine that the amount of oil shipped would have to increase. One could also imagine longer routes being forced, blockades, etc. so each journey will have added time as well, limiting availability of tankers. All of this would be positive for rates.
On the downside if tankers became targets and NAT lost a few ships, it would likely cause damage to the stock price, but probably good longer term as it takes supply out of the market.- 1 Reply to bb087yfgv
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Thank you for a thoughtful reply, the first poster to do so. Certainly the points you make are relevant and to the point. Anyone else want to weigh in? Only posters who are prepared to address the issue please!
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What a punk. Another loser hoping for WAR to help his stupid investment in a scam-like company with no profits in a #$%$ industry.
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No reply after 23 hours!? Everybody is clueless?
- 3 Replies to davidbogdanoff
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Clueless? Nah. Probably just not interested in replying to someone who is so insensitive to human life. Are you that greedy? You're definitely insecure. "Whaaa, nobody replied to me after 23 hours!"
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Who can predict war? Why worry about it? Better yet, answer my question on how FRO going under might or might not benefit NAT and how. :)
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I wouldn't say clueless. This company is just way too risky right now. Until the cyclr turns and the company is actually earning money and no longer losing money, the price will fall. I don't think NAT is in any danger of going under but many other companies will. Long term NAT will be ok but who knows where the bottom is. I personally won't be buying until I see a 15% bounce from the low.
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