Replies to post #560 on Stocks that Float: TANKERS & DRY BULK SHIPPERS (SHIPPERS)

[Milner]

Yes i can buy directly on the Oslo from the Global Desk of my brokerage. Well my theory is that he is doing bareboat service so ITCL is not actually operating the boats they are leased without crews to the 3 petroleum shippers. My guess is that they are all clean tankers and they can operate without violating the Jones Act. California needs gasoline because they have a huge economy. Its the size of many countries economies. Combine that with no new refinery capacity on the horizon i think the OSG / FRO situation could be a reverse merger with an entirely new company name. In which ITCL would feed off all of the table scraps which would fill an elephant..... !