Oh ship that sucks

I’ll be sad if the push to make fossil fuel free ships is driven by the military industrial complex first

Good thing there was that resurgence of sea shanties so we can go back to sails on ships.

The article has some issues, the biggest of which is they didn’t consider floating storage. They have also used data that artificially makes it seems like prices have gone even more crazy when they have in fact stabilized.

That said their aggregated 3Q forecasts are sobering.