Hansson, chief executive of the New York-listed owner, tells shareholders the falling cost of oil is good for the tanker market and the company’s bunker bill.
Addressing shareholders in the latest of his signature letters, Hansson explained investors have been curious about how a decline in the world’s most watched number was impacting the company.
“The upswing in suezmax tanker rates in the recent past may have to some extent to do with the decrease in the oil price,” the executive wrote.
“The
