Archive - Three Sheets

'Flags' of Convenience, Spies and Bullsh*t

Flags / Corporations of convenience continue to grow. But the whole thing feels like a scam, the idea that small islands or failed states should have a…

May 29, 2024 •

April 2024

The Oracle of Oslo

We cover the most covered shipping money manager, a man who doesn't shy from the press or publicity, who always seems to be in front of market moves…

Apr 24, 2024 •

March 2024

GLNG - Go Long Now Geezer!

The writing is on the wall, the upside is significant while the downside is mitigated. Ok so you missed the first bump, we write to tell you there is…

Mar 19, 2024 •

February 2024

The Bug that Keeps STNGing

Management compensation is a hot topic these days. Excessive pay packages are rubbing investors the wrong way, bringing up scars from years past. When…

Feb 21, 2024 •

January 2024

Time to Crack Down on Management

Shipping has always been a little shady. A couple of years of good markets forgave all sins, but as the market enters the next phase of the post COVID…

Jan 22, 2024 •

November 2023

Oil Brokerage, Remains Full Speed Ahead

Oil Brokerage, the fast and mighty brokerage firm under OTC Global Holdings, continues their global ship brokerage tear. What is the end-game? Total…

Nov 6, 2023 •

October 2023

Does LNG have a Hamas Problem?

Qatar is the world's leading LNG player, but also a state funded source for Hamas and home to Hamas leadership.

Oct 12, 2023 •

Pareto Energy, Vegan Burgers, Women at Sea, and OSV Investment Ideas

Pareto Energy feels like ancient history as the volatile market heads into the 4Q. We recap a few key takeaways, discuss some cultural items and dive…

Oct 6, 2023 •

August 2023

International Seaways: Is Something Rotten in the State of Ecuador?

INSW spent years discussing their high corporate governance rankings, but then added a poison pill. We ask if they are being transparent with their too…

Aug 15, 2023 •

A Cease-and-Desist Letter to the Management of Teekay Tankers

We have heard enough. We must all stand firmly together and demand management not announce a large "fleet renewal" plan. If they cannot, we must insist…

Aug 8, 2023 •

What is going on at Taylor Maritime Investments?

After pushing through the merger with Grindrod (almost), the market collapsed and now they try to pick up and salvage the proverbial pieces.

Aug 1, 2023 •

June 2023

The Legend of Tor Olav Trøim

“In a time of deceit telling the truth is a revolutionary act.” - George Orwell

Jun 26, 2023 •

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