RE:RE:RE:RE:RE:RE:RE:STRONG DEMAND FOR NEW TANKER BUILDS !!!I wouldn't count your chickens just yet. Though no doubt the cycle is right now turning in the right direction, it is also more widely understood than in 2013-15 that anything oil & related is going to be ultimately in long-term decline.
Doesn't mean there can't be a few good years but, at the same time, I doubt anyone will ever do a buyout of TLA because they'll know that in time things will sink back down in ways that you would associate with a dying industry.
It's possible Nick will be able to pivot the business sufficiently toward non-fossil-fuel markets. That will be a challenge.