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Re: littlejohn post# 561

Friday, 09/09/2022 3:14:08 PM

Friday, September 09, 2022 3:14:08 PM

Post# of 657
They'll still get the spot price (relative to Brent) but not less than $70, likewise they get the upside to $122 but not beyond

I don't know where they attach the premium for the arrangement, so "costless" isn't foolin' me

no free lunch but I don't know the inner workings of those collars

grabbed a few more on those dips

The new FSO does not appear to be in the new position yet and the armada of working vessels is still at the high tempo, even a large accomodations vessel

shouldn't be much longer for the FSO swap

spec

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