macrossluvsrobotech
$GSL $GSL $SBLK Hormuz weekend: IRGC hit ships again. Sun US struck Iranian launchers on Larak Island after a mine threat. Iran fired missiles at US bases in Jordan (shot down). Brent back over $90. Almost no traffic vs pre-war.
Two Investment Venues
$SBLK = ocean dump trucks. Paid TODAY’s rate for ore/coal/grain. Fri BDI 3,186. Big ships ~$48K/day. Q2 TCE $24.5K + $0.90 div. Scrubbers burn cheap high-sulfur oil; Q2 ~$21M.X extra. Cash $532M vs debt $955M = net ~$423M. 29 ships unmortgaged. Street ~$31–$32 (wide $35). Not debt-free.
$GSL = landlord. Rents boxships. A 40-ft box still ~$4.5K–$9.3K China–US. 71 now + 15 new (’28–’30) = 86. 2026 full, 90% of 2027, $3.2B booked, $2.50/yr. Debt $676M vs $649M cash ≈ net ~0. B.Riley $52 / Jefferies $50. New hulls ~20–30% less fuel — after they show up.
Oil going up and or Panama / Hormuz chokepoint closers, raise spot shipping / revenues. Tankers eat Hormuz first. Boxes stay tight. Bulk lives on China ore.
$NVDA $USO.X $SPY
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