Finance

Cleaves shipping fund’s ‘overexposure’ to tankers pays off as stocks rise 80%

Norwegian investment bank sees tighter product markets into 2025 after markets underestimated Red Sea effects

Carl Synvis is head of fund management at Cleaves Securities.
Carl Synvis is head of fund management at Cleaves Securities.Photo: Cleaves Securities
TradeWinds correspondent
Published 13 June 2024, 11:47Updated 13 June 2024, 12:54
Product tankersNorwayCleaves Securities