Joakim Hannisdahl @JHannisdahl Twitter profile

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Joakim Hannisdahl

@JHannisdahl

2 years

My apologies for being absent recently After months of threats towards me personally and serious accusations/slander spread to investors and to the media, Cleaves finally took me to court earlier in November. The ruling came today, and I won on all points🍾 Full speed ahead!

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Joakim Hannisdahl

@JHannisdahl

2 years

Super-cycle is a term not to be used lightly I alluded towards an #oil #tanker #shipping super-cycle from 2023 in my research already back in 2020 Emerging data have since supported that analysis & the probability of a super-cycle is now tangible My most recent forecast below

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Joakim Hannisdahl

@JHannisdahl

2 years

Just updated the below graph in regards to getting the investor presentation ready for distribution next week Keep in mind that the graph does not reflect the longevity of each segment's peak cycle #shipping

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Joakim Hannisdahl

@JHannisdahl

4 years

#Oil #tanker spot rates surges on to incredible levels! #VLCC +24% to $235k/d #Aframax +75% to $66k/d #LR2 +25% to $109k/d #LR1 +31% to $80k/d #MR +55% to $41k/d #SR +22% to $58k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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Joakim Hannisdahl

@JHannisdahl

2 years

#Oil #tanker #shipping earnings rising faster than an SLS rocket reaching for the moon🚀 Star performers today: Suezmax +16% to 122k/d🚀 LR2 +44% to 54k/d🚀

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Joakim Hannisdahl

@JHannisdahl

3 years

What a crazy day! Massive backlog on all communication platforms. Will get back to you all asap As for now, taking a breather and focusing on a slightly neglected family Currently rating the future a BUY

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Joakim Hannisdahl

@JHannisdahl

4 years

Most significant #oil #tanker spot movements today: #VLCC +54% to $63k/d #Aframax +12% to $21k/d #MR +14% to $10.7k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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Joakim Hannisdahl

@JHannisdahl

3 years

As highlighted in recent media coverage, I've now started in my new position as CEO of Cleaves Asset Management Focus is on launching a shipping-focused long/short hedge fund where I will invest pari passu with other investors Feel free to reach out if you want more information

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Joakim Hannisdahl

@JHannisdahl

1 year

My #shipping portfolio currently stands at a new all-time-high of 595 (indexed), +5.0% w/w, +18% YTD and +495% since inception (37% CAGR). Wish you all a joyous weekend.

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Joakim Hannisdahl

@JHannisdahl

2 years

I have prepared the following statement together with my lawyers in light of recent communication from Per Olav Karlsen and Cleaves Securities:

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Joakim Hannisdahl

@JHannisdahl

1 year

Shared some thoughts on #oil #tanker #shipping with investors yesterday 𝐴𝑙𝑙 𝑒𝑠𝑡𝑖𝑚𝑎𝑡𝑒𝑠 𝑎𝑛𝑑 𝑓𝑜𝑟𝑒𝑐𝑎𝑠𝑡𝑠 𝑎𝑟𝑒 ℎ𝑖𝑔ℎ𝑙𝑦 𝑢𝑛𝑐𝑒𝑟𝑡𝑎𝑖𝑛 𝐼 𝑎𝑚 𝑙𝑜𝑛𝑔 𝑜𝑖𝑙 𝑡𝑎𝑛𝑘𝑒𝑟𝑠

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Joakim Hannisdahl

@JHannisdahl

2 years

Full speed ahead!

Shipping analyst Joakim Hannisdahl reveals plans for new fund after ‘challenging’ Cleaves split

Analyst and investor is going back to the future with fresh venture, Gersemi Asset Management

www.tradewindsnews.com

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Joakim Hannisdahl

@JHannisdahl

5 years

I usually don’t like tooting my own horn, but I am currently ranked as the #1 shipping equity analyst globally on Bloomberg. I want to thank you all for your support #shipping

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Joakim Hannisdahl

@JHannisdahl

2 years

My #shipping portfolio ended the week at a new all-time-high of 518 (indexed), +1.5% w/w, +68% YTD and +418% since inception (35% CAGR) Wish everyone a great weekend

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Joakim Hannisdahl

@JHannisdahl

4 years

Most significant #oil #tanker spot movements today: ⚠️ #VLCC +78% to $220k/d as charterers panic in AG⚠️ #Suezmax +6% to $65k/d #Aframax +-7% to $63k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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Joakim Hannisdahl

@JHannisdahl

4 years

Every wondered how the the major #shipping #trade lanes look like? A live snapshot below of #VLCC , #Capesize , #LNG & #VLGC . Each dot is one ship #DryBulk #Oil #Tanker #LPG

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Joakim Hannisdahl

@JHannisdahl

2 years

I wish all my Norwegian investors a wonderful national day🇳🇴

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Joakim Hannisdahl

@JHannisdahl

2 years

I just wanted to share that I have now divested all my #VLGC exposure. I had 10% of my port in BWLPG. Sold it all at NOK 92.265 avg today. I noticed the FFAs are coming down, and with my lackluster view on 2023 and recent gains, I stick to my longstanding plan My new port below

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Joakim Hannisdahl

@JHannisdahl

7 months

Our satellite data shows a sustained & substantial decline in #shipping #SuezCanal transits via the #RedSea Especially #container & #car carriers are hard hit with transits approximately 50% & 77% lower y/y, respectively. #Oil tankers, #LPG & #LNG carriers also down y/y

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Joakim Hannisdahl

@JHannisdahl

4 years

Many asking me how long it takes for their registration to be approved: It's an exponential # of registrations each month,& my colleagues are doing an Herculean effort to give you all access. Please be patient & remember we're giving away research for free

Cleaves

Cleaves is a privately held financial services and shipbroking group, with a 40 year history and head office located in Oslo.

www.cleaves.no

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Joakim Hannisdahl

@JHannisdahl

2 years

#Oil #tanker #shipping fleet utilization came in at an estimated 99.5% in 4Q22 vs my forecast of 99.1% from Oct. Avg spot rates at $63,831/d compares with my $61,915/d forecast Newbuild ordering 86% below my forecast leads a historic low tanker orderbook vs fleet at only 4%

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Joakim Hannisdahl

@JHannisdahl

2 years

My portfolio ended the week at 503 +2% w/w, +64% YTD and +35% CAGR since inception Wish everyone a pleasant weekend

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Joakim Hannisdahl

@JHannisdahl

1 year

Spending tonight updating my econometric model on #oil #tanker #shipping Negligible fleet growth in an already very tight market leaves little room for demand growth Even if my model miss by 50%, it would mean a fantastic market 𝐼 𝑎𝑚 𝑙𝑜𝑛𝑔 𝑜𝑖𝑙 𝑡𝑎𝑛𝑘𝑒𝑟𝑠

Joakim Hannisdahl

@JHannisdahl

2 years

Super-cycle is a term not to be used lightly I alluded towards an #oil #tanker #shipping super-cycle from 2023 in my research already back in 2020 Emerging data have since supported that analysis & the probability of a super-cycle is now tangible My most recent forecast below

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Joakim Hannisdahl

@JHannisdahl

3 years

𝗗𝗿𝘆 𝗕𝘂𝗹𝗸 𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴 𝗨𝗽𝗱𝗮𝘁𝗲 (𝗕𝗨𝗬) - 𝗣𝗹𝗲𝗻𝘁𝘆 𝗼𝗳 𝗗𝗿𝘆 𝗣𝗼𝘄𝗱𝗲𝗿 𝗟𝗲𝗳𝘁 Top picks: #2020bulkers $GOGL $SBLK Full #free report here: #DryBulk #Shipping $DSX $EGLE $GBLK $GNK

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Joakim Hannisdahl

@JHannisdahl

2 years

I expect a challenging 1H23E for #dry #bulk #shipping (BDI avg 909) followed by a strong 2H23E (BDI 2093) I still see downside risk to asset prices by 3Q23, but I believe we are close to the low for equities I currently have a 31% long allocation towards dry bulk & favor Capes

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Joakim Hannisdahl

@JHannisdahl

5 years

And if anyone was wondering: Yes, I'm still ranked #1 globally within #shipping #equity #research by Bloomberg. I'm also ranked #1 in every single shipping segment I cover. Will soon publish a ~250-page holistic report with our top picks for 2020. #oil #tanker #drybulk #lng #lpg

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Joakim Hannisdahl

@JHannisdahl

1 year

My #shipping #portfolio reached a new all-time-high on Wednesday at 546 before closing the week at 541 (indexed), +2.2% w/w, +8% YTD and +441% since inception (35% CAGR)

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Joakim Hannisdahl

@JHannisdahl

1 year

The #shipping fund relaunched yesterday🥳 It has been a bumpy road with many setbacks along the way, but as I learned when living in Costa Rica: The most challenging roads can lead to the best places Full speed ahead!

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Joakim Hannisdahl

@JHannisdahl

4 years

US #WTI crude #oil collapsing! Now -$35/bbl for May delivery as storage in Cushing said to be full. Simply astonishing & an y-axis-exploding event. Re-purposing our Brent-based #contango model to WTI theoretically implies TCE $751k/d for 6mo #VLCC storage 😲 #OOTT #shipping

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Joakim Hannisdahl

@JHannisdahl

4 years

Some very significant #oil #tanker spot movements today: #VLCC +106%! to $193k/d (+584% since Friday!) as Saudi exports surge #Suezmax +57% to $45k/d #Aframax +12% to $42k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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Joakim Hannisdahl

@JHannisdahl

4 years

With #oil prices +20-25% after Trump claims oil supply would be cut, #contango shifted sharply down. It now supports #VLCC rates ~$82k/d for 6months, down from ~$140k/d on Saturday. Oil supply cuts are however not confirmed by neither Saudi nor Russia. #shipping

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Joakim Hannisdahl

@JHannisdahl

2 years

My intermediate private portfolio ended the week at a new all-time-high of 510 (indexed), +1.3% w/w, +66% YTD and +410% since inception (35% CAGR) Wish everyone a great weekend

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Joakim Hannisdahl

@JHannisdahl

1 year

My #shipping portfolio reached a new all-time-high on Thursday at 567 before closing the week at 561 (indexed), +3.7% w/w, +12% YTD and +467% since inception (36% CAGR)

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Joakim Hannisdahl

@JHannisdahl

2 years

Just an update on my portfolio, as I have been unable to share my recent trades: Sold GOGL at 94.7 Bought back BW LPG at 87.3 Rebalanced my oil tanker exposures given peer pricing and my sub-segment outlook

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Joakim Hannisdahl

@JHannisdahl

4 years

Just some fun to transition us into the weekend🛢️ Wish you all a pleasant one☀️

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Joakim Hannisdahl

@JHannisdahl

2 years

Capes tied up in FE discharge is back to pre-pandemic levels Brazilian iron ore exports are still very low Cape spot rates are strong at ~2x cash break-even We expect a significant increase in Brazilian IO exports into 2H22 Could see Capes >$100k/d before year end #shipping

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Joakim Hannisdahl

@JHannisdahl

4 years

I wish to thank you all for your support & fruitful discussions during 2020 Continued under-investment in shipping over many years has led to some of the lowest orderbooks on record Wish you all a wonderful Holiday Season! 🎅

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Joakim Hannisdahl

@JHannisdahl

10 months

VLCC +21% to 28k/d🚀 Suezmax +103% to 33k/d🚀 Aframax +31% to 32k/d🚀 Disclaimer: We are long #oil #tanker #shipping

Joakim Hannisdahl

@JHannisdahl

10 months

Vintage VLCC spot rates are closing in on $30k/d, with eco scrubber tonnage at 40k+ amidst strong activity both West and East

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Joakim Hannisdahl

@JHannisdahl

9 months

Crude #oil #tanker #shipping continued the positive momentum from last week, with yesterday's spot rates quoted clearly up VLCC +12% to 38k/d Suezmax +17% to 46k/d Aframax +15% to 48k/d

Joakim Hannisdahl

@JHannisdahl

10 months

Another stellar day for crude #oil #tanker #shipping amidst a flurry of activity this week both ex-AG and in the Atlantic VLCC +22% to 34k/d🚀 Suezmax +18% to 39k/d🚀 Aframax +30% to 42k/d🚀 Pleased to have $TNK as our largest long position

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Joakim Hannisdahl

@JHannisdahl

2 years

I am very pleased to see our shipping fund reach a new all-time-high today, +32% since inception (CAGR 42%)🍾

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Joakim Hannisdahl

@JHannisdahl

2 years

My shipping portfolio management ended the year at 502 (indexed), +63% y/y and +402% since inception (34% CAGR) Looking forward to the new year and getting my long/short #shipping #fund up and running again

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Joakim Hannisdahl

@JHannisdahl

2 years

The #VLCC party shows no signs of abating🥳 TD3C +27% according to Baltic. TD3 +31% according to Galbraith 🚀 Wish you all a pleasant weekend🍾

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Joakim Hannisdahl

@JHannisdahl

3 years

#𝗢𝗶𝗹 #𝗧𝗮𝗻𝗸𝗲𝗿 #𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴 (𝘂𝗽𝗴𝗿𝗮𝗱𝗲 𝘁𝗼 𝗕𝗨𝗬) - 𝗟𝗶𝗴𝗵𝘁 𝗮𝘁 𝘁𝗵𝗲 𝗘𝗻𝗱 𝗼𝗳 𝘁𝗵𝗲 𝗧𝘂𝗻𝗻𝗲𝗹 Full free report here: #OOTT $ADSC $DHT $EURN $FRO $HAFNIA $HUNT $INSW $NAT $OET $TNK

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Joakim Hannisdahl

@JHannisdahl

4 years

After the recent fall in prompt dated #crude #oil prices, the contango has widened, now supportive of ~$32k/d for 6mo #VLCC . We hear of renewed interest in floating storage & deals concluded in high $30s #shipping #OOTT $ADSCME $DHT $EURN $FRO $HAFNIA $HUNT $INSW $NAT $OET $TNK

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Joakim Hannisdahl

@JHannisdahl

2 years

All stars aligning for #Oil #Tanker #shipping Oil supply returning post-pandemic✅ Changing trading patterns from geopolitics✅ Positive news on Iran nuclear deal✅ We used the weakness until 1630CET adding to our already abundant position in the segment(+41% from cost month-1)

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Joakim Hannisdahl

@JHannisdahl

4 years

Some very significant #oil #tanker spot movements today: #VLCC +116% to $93k/d #Suezmax +35% to $29k/d #Aframax +19% to $38k/d #LR2 +24 to $38k/d #LR1 +22% to $27k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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Joakim Hannisdahl

@JHannisdahl

4 years

#Oil #Tanker ( #BUY ) - Extraordinary Times: #OPEC has pushed earnings to extraordinary levels. Equities also extraordinary, but w opposite sign Full 131-page report (free): #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $INSW $TNP

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Joakim Hannisdahl

@JHannisdahl

2 years

Good times have been had, but the best times are most likely ahead I wish everyone a great weekend!🥳

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Joakim Hannisdahl

@JHannisdahl

4 years

I've always wanted to party onboard a VLCC. If you guys promise not to use any bunkers or lube, I'll meet you in AG for the shipping-party of the decade. My treat at $3,163 for the night and next day's clean-up. No smoking allowed, though🚭

Joakim Hannisdahl

@JHannisdahl

4 years

Most significant #oil #tanker #shipping spot movements: #VLCC -18% to $3k/d #OOTT $ADSC $DHT $EURN $FRO $HAFNIA $HUNT $INSW $NAT $OET $TNK

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Joakim Hannisdahl

@JHannisdahl

2 years

The fund will not partake in Russian oil trading as things stand now Spent some time improving our in-house algos to better monitor this trade Have also fully divested TNP over the past few days Updated portfolio composition below

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Joakim Hannisdahl

@JHannisdahl

4 years

In our never-ending efforts to improve our #research reports, I spent the evening developing these nifty graphs, further detailing the spot rates & scrubber premiums per vessel class. Succeeding earlier #scrubber graphs our in #Shipping #Weekly #oil #tanker #drybulk

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Joakim Hannisdahl

@JHannisdahl

1 year

MR rates are surging in the Atlantic on the back of a tight tonnage list & increased refinery runs in the US The TC2 (Transatlantic) surged 95% today to $44k/d, up 301% since Friday MR rates in the Pacific are also strong around $39k/d I 'm long #oil #product #tanker #shipping

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Joakim Hannisdahl

@JHannisdahl

2 years

Things change fast in shipping, especially during war-time. Since I've shared a few of the fund's investments over the past week, I feel it is transparent to highlight that we have already closed many of them. Please find the current portfolio below

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Joakim Hannisdahl

@JHannisdahl

2 years

"Cleaves Shipping Fund, a shipping-only long/short equity fund managed by Joakim Hannisdahl, gained 11.3% in July to extend its 2022 advance to 36.9%. The shipping fund is currently this year’s best-performing member of the Nordic Hedge Index"

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Joakim Hannisdahl

@JHannisdahl

2 years

#Oil #tanker #shipping extending the rally #VLCC +198% to $13k/d🚀 #Suezmax +34% to $90k/d🚀 #Aframax +38% to $60k/d🚀

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Joakim Hannisdahl

@JHannisdahl

2 years

I just love it when the y-axis goes into million denomination on Bloomberg🤑 Suez & Afra are the star performers, not entirely unexpected. There is a reason why $TNK and $NAT are the two largest long positions in my portfolio Other #oil #tanker #shipping earnings also very high

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Joakim Hannisdahl

@JHannisdahl

2 years

Terrific-Thursday for Capes🎉 Spot: Baltic #Capesize index +27% to $16k/d🚀 Brazil/China +23% to $15k/d🚀 C5 +12% to $8.96/t🚀 FFAs: Feb +10% to $16k/d🚀 Mar +12% to $24k/d🚀 Apr +4% to $27k/d🚀 #DryBulk #Shipping

Joakim Hannisdahl

@JHannisdahl

2 years

Hearing several encouraging C5 numbers this morning: First low 8s, then 8.4, now 8.6. Yesterday's index was 8.01. FFAs up this morning. Should be another fun day for #drybulk #shipping

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Joakim Hannisdahl

@JHannisdahl

7 months

Estimated #oil #tanker #shipping fleet utilization in 4Q23 at 94.6% exceeded our 90.2% forecast, mainly due to higher than expected demand. Earnings, asset prices and equities were consequently higher NB contracting 35% lower than our forecast Se table below for details

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Joakim Hannisdahl

@JHannisdahl

2 years

The #oil #tanker #shipping orderbook vs fleet now stands at only 4.4%, the lowest on record by a wide margin Newbuild contracting during 3Q22 came in at 1.8m dwt, 85% below our forecast from early July of 12.2m dwt. The orderbook shrank 4.6m dwt (14%) during 3Q22 Looks good...

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Joakim Hannisdahl

@JHannisdahl

1 year

#Oil #Tanker #shipping spot rates are flying high, w vintage non-scrubber VLCCs about to break the $100k/d threshold amidst a very active USG Smaxes bounced post-index Friday on a prompt requirement amidst tight tonnage, w the strong level confirmed on "normal" fixtures today

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Joakim Hannisdahl

@JHannisdahl

4 years

#oil price #contango now supportive of #VLCC rates of $150k/d for 6mo and $103k/d for 1y #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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Joakim Hannisdahl

@JHannisdahl

2 years

VLCCs are really moving these days, now stellar earnings across all #oil #tanker vessel classes. Expect asset prices to move up significantly over the next few months. This could be fun🥳 #shipping

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Joakim Hannisdahl

@JHannisdahl

6 months

There is a new #Bloomberg ticker in town: $GERSHIP #shipping #fund

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Joakim Hannisdahl

@JHannisdahl

5 years

Most significant #oil #tanker spot rate movements today: #VLCC +20% to $126k/d #Aframax +7% to $78k/d #LR2 +14% to $43k/d #LR1 +7% to $31k/d #MR +8% to $24k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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Joakim Hannisdahl

@JHannisdahl

2 years

The fund closed the week at a new all-time-high🥳 I wish everyone a great weekend!

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Joakim Hannisdahl

@JHannisdahl

3 years

Baltic #Capesize index +15% to $53k/d🚀 Brazil/China +17% to $44k/d🚀 New all-time-high on the 5TC! wow... Cyclone #Chantu is disrupting vessel scheduling, undermining available tonnage #DryBulk #Shipping #2020bulkers $DSX $EGLE $GBLK $GNK $GOGL $SBLK

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Joakim Hannisdahl

@JHannisdahl

4 years

Most significant #oil #tanker spot movements today: #VLCC +6% to $233k/d #Suezmax +15% to $74k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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Joakim Hannisdahl

@JHannisdahl

2 years

My #shipping portfolio ended the week at 509 (indexed), +2.6% w/w, +65% YTD and +409% since inception (34% CAGR)

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Joakim Hannisdahl

@JHannisdahl

2 years

The situation for Capes is still very encouraging, with Far Eastern congestion rising and with very few ballasters in the Atlantic amidst strong Brazilian #ironore exports The week ahead could be interesting for #DryBulk #shipping

Joakim Hannisdahl

@JHannisdahl

2 years

Current Brazilian #ironore export run-rate in September is close to a monthly all-time-high, while the number of Capes bound for Brazil is unusually low. No wonder why #drybulk #shipping spot and FFAs are surging today

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Joakim Hannisdahl

@JHannisdahl

4 years

Most significant #oil #tanker spot movements today: #VLCC +11% to $213k/d #Suezmax +28% to $58k/d #Aframax +20% to $51k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP Wanted to put it into context (apologies for the "mouse"-writing...)

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Joakim Hannisdahl

@JHannisdahl

1 year

Added more #DryBulk #shipping exposure today. A lot of headwinds these days, but pricing appears attractive ahead of 2H23E Equities are trading similar to historical lows on P/NAV. Low fleet growth ahead 𝐼 𝑎𝑚 𝑙𝑜𝑛𝑔 𝑑𝑟𝑦 𝑏𝑢𝑙𝑘 𝑁𝑜 𝑖𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡 𝑎𝑑𝑣𝑖𝑐𝑒

7

8

118

Joakim Hannisdahl

@JHannisdahl

8 months

VLCCs posted another day of strong gains amidst increased activity ex-AG and ex-WAfr An eco scrubber spec is now earning a very healthy ~$70k/d TCE. Comparative to ie $DHT's cash break-even at $21k/d and P&L break-even at $27k/d #oil #tanker #shipping

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9

117

Joakim Hannisdahl

@JHannisdahl

4 years

Most significant #oil #tanker spot movements today: #VLCC +17% to $249k/d #Suezmax +101% to $116k/d #Aframax +6% to $54k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

4

19

117

Joakim Hannisdahl

@JHannisdahl

7 months

Updated satellite data on #shipping #SuezCanal transits via the #RedSea

Joakim Hannisdahl

@JHannisdahl

7 months

Our satellite data shows a sustained & substantial decline in #shipping #SuezCanal transits via the #RedSea Especially #container & #car carriers are hard hit with transits approximately 50% & 77% lower y/y, respectively. #Oil tankers, #LPG & #LNG carriers also down y/y

9

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157

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20

116

Joakim Hannisdahl

@JHannisdahl

2 years

#Oil #tanker #shipping surges on today🚀 #Suezmax +497% to $67k/d🤯 #Aframax +47% to $44k/d🚀 $TNK and $NAT are amongst the names we have added to our portfolio recently, already 11% and 20% profit, respectively

11

25

116

Joakim Hannisdahl

@JHannisdahl

4 years

#oil price #contango now supportive of #VLCC rates of $110k/d for 6mo and $73k/d for 1y #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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19

111

Joakim Hannisdahl

@JHannisdahl

4 years

Most significant #oil #tanker spot movements today: #VLCC +10% to $55k/d: First positive delta since 21 Apr. Brokers are optimistic for the coming days📈 #LR2 -4% to $149k/d #SR -15% to $20k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

9

15

110

Joakim Hannisdahl

@JHannisdahl

2 years

Abysmal sentiment in the broader market Correlation to #shipping is statistically insignificant, although higher during large down movements like seen lately Our medium-term view of shipping is ~unchanged by recent macroeconomic events A snippet of our universe in table below

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115

Joakim Hannisdahl

@JHannisdahl

2 years

#Capesize spot rates said fixed significantly higher in both basins. Looking forward to today's index at noon CET #DryBulk #shipping

4

6

114

Joakim Hannisdahl

@JHannisdahl

3 months

Updated data on #shipping #SuezCanal transits via the #RedSea

5

37

113

Joakim Hannisdahl

@JHannisdahl

1 year

#VLCC #oil #tanker #shipping spot rates are on fire🔥 An active AG & good demand in the Atlantic, against a tight tonnage list is enabling owners to demand ever higher rates TD3C now $93k/d (vs generic cash break-even ~$39k/d) means green pastures for the Very Large Cash Cows🐮

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5

111

Joakim Hannisdahl

@JHannisdahl

4 years

Not too much change in the #oil #contango curve lately, but thought some followers would appreciate an update nevertheless #tanker #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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7

108

Joakim Hannisdahl

@JHannisdahl

10 months

Another stellar day for crude #oil #tanker #shipping amidst a flurry of activity this week both ex-AG and in the Atlantic VLCC +22% to 34k/d🚀 Suezmax +18% to 39k/d🚀 Aframax +30% to 42k/d🚀 Pleased to have $TNK as our largest long position

Joakim Hannisdahl

@JHannisdahl

10 months

VLCC +21% to 28k/d🚀 Suezmax +103% to 33k/d🚀 Aframax +31% to 32k/d🚀 Disclaimer: We are long #oil #tanker #shipping

1

11

138

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10

111

Joakim Hannisdahl

@JHannisdahl

1 year

#DryBulk #shipping FFAs are surging this morning. The Pacific is said to be very firm for Capes, leading to a lack of ballasters into the Atlantic 𝐼 𝑎𝑚 𝑙𝑜𝑛𝑔 𝑑𝑟𝑦 𝑏𝑢𝑙𝑘

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13

109

Joakim Hannisdahl

@JHannisdahl

1 year

VLCC spot rates might have finally found some support, with ships being silently fixed off-market & more activity in the Atlantic Suez & Afras are showing incredible strength, especially when considering the weak VLCC earnings #oil #tanker #shipping #OOTT

12

7

101

Joakim Hannisdahl

@JHannisdahl

2 years

Joakim Hannisdahl and Cleaves break up over ‘irreconcilable differences’

The ex-analyst says the fund was near an all-time high on his last day running the show

www.tradewindsnews.com

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109

Joakim Hannisdahl

@JHannisdahl

2 years

#DryBulk #shipping vessel values are rising further, especially for the Capes. See below for details Still, there is significant room for upside given high NB prices and strong earnings

1

14

110

Joakim Hannisdahl

@JHannisdahl

4 years

Most significant #oil #tanker spot movements today: #VLCC +38% to $27k/d #Suezmax -12% to $11.1k/d #LR1 -13% to $6.7k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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12

106

Joakim Hannisdahl

@JHannisdahl

2 years

Today is another good day for Cleaves Shipping Fund's investors. NAV is now 111 (+15% YTD). We see great potential for #shipping in 2022. Godspeed to us all

8

3

109

Joakim Hannisdahl

@JHannisdahl

4 years

Clean #oil #tanker spot rates surges on on floating storage enquiries #Suezmax +18% to $92k/d #Aframax +26% to $84k/d #LR2 +38% to $151k/d #LR1 +30% to $103k/d #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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26

104

Joakim Hannisdahl

@JHannisdahl

1 year

VLCC spot rates surging over the past two trading days amidst strong activity and a slimming tonnage list, especially in the Atlantic Baltic TD3C +60% to $52k/d Baltic TD15 +52% to $51k/d Picked up some DHT. I am still long #oil #tankers and very positive towards the segment

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106

Joakim Hannisdahl

@JHannisdahl

4 years

#Oil #Tanker update (downgraded to #SELL ): 𝗕𝗮𝗰𝗸 𝘁𝗼 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 Weak outlook. A low orderbook eventually saves the day in 2023E Full free 127-page report: #shipping #OOTT $FRO $ADSCME $DHT $EURN $HAFNIA $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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13

105

Joakim Hannisdahl

@JHannisdahl

5 months

VLCC spot rates continued to climb, as expected, amidst strong volumes ex-AG and a strong fixture ex-Brazil Brokers expect the positive sentiment to carry over into next week TD3C +7% to $75k/d (~$90k/d eco scrubber) #oil #shipping

Joakim Hannisdahl

@JHannisdahl

5 months

A surge in activity ex-MEG saw VLCC spot rates surge today. The tonnage list is tight, especially for prompt dates. Thus, owners seem to be in the driving seat at the moment, looking to push earnings even higher TD3C +30% to $70k/d (~$85k/d eco scrubber)🚀 #oil #shipping

1

7

89

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7

106

Joakim Hannisdahl

@JHannisdahl

1 year

My #shipping portfolio closed the week at 529 (indexed), -0.2% w/w, +5% YTD and +429% since inception (35% CAGR)

3

0

108

Joakim Hannisdahl

@JHannisdahl

2 years

#Oil #tanker #shipping spot rates are rising again, from high levels

3

7

102

Joakim Hannisdahl

@JHannisdahl

2 years

Exciting times... Strict rules on marketing My DM and e-mail are open #shipping

13

4

106

Joakim Hannisdahl

@JHannisdahl

5 years

#Oil #Tanker #Shipping Report 2020 (BUY) - Highest Since 2008, More to Come (115-pages): Phase 1 of cyclical expansion is over. Asset price rise & dividends could push shares +96% #OOTT $FRO $ADSCME $DHT $EURN $TNK $OET $HUNT $NAT $STNG $INSW $TNP

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19

106

Joakim Hannisdahl

@JHannisdahl

4 years

#Shipping #Weekly : Crude #oil #tanker earnings collapsed this week, as we expected. CotW on floating storage. #LNG & #LPG facing very weak markets. #DryBulk is dormant but w an expected bright future ahead. Seldom seen such contrasts... Free report below

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Joakim Hannisdahl

@JHannisdahl

3 years

Forgot the rockets...🚀🚀🚀

1

6

104

Joakim Hannisdahl

@JHannisdahl

2 years

Vale reduces their FY22 #ironore guidance from 320-335mt to 310-320mt. This aligns with our longstanding forecast of 310mt from Vale for '22E. Thus, no change to our positive outlook for #DryBulk #shipping

Vale Output Guidance Misses Estimates in Boost to Iron Price

www.bloomberg.com

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102