In a note to clients the analyst admitted it’s too early to assess the scale of supply disruptions as details about damage remain unclear but believes Capital Product Partners, Teekay Corp and Overseas Shipholding Group are “the stocks most likely to see some marginal benefit”.
“While the situation is clearly still evolving at this point it looks like the closure could potentially have a modestly positive impact on the product tanker market as well as the US Jones Act [market] via clean tank barges,” he told investors Tuesday.
Webber
