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Alexander Saverys

Alexander Saverys

CEO of Compagnie Maritime Belge

Sep 10, 2026

0:36
How do you sort of frame it today, where we are and sort of the, the trends we are seeing and the, and the events, not least, talking Hormuz, of course, but also the ripple effects all over the place? How do you sort of frame it in your mind, having seen a lot of different shipping cycles and events playing out?
0:53
Well, if you go back last year, um, we were already in a good place on the tanker front.
0:58
Um, you know, the under supply of ships, uh, the order book, which was very low, um, and then of course, uh, demand, which was good.
1:06
Uh, and then came Hormuz, and then came, uh, the Iran war, and that supercharged everything.
1:12
Uh, I still think we're in the same situation.
1:14
We're in a good market, uh, actually an exceptional market.
1:18
But [clears throat] from our point of view, as you have seen, uh, we've taken some money off the table.
2:39
But if you're just interested in, in the tanker market and you're seeing the events that's happening right now, is it almost impossible to sort of predict a peak, but it's also likely that new events followed by new events can keep these rates as high for a long time? Or is that, you know, anyone's guess, don't spend too much time on it, take ships off the table if risk reward is there? Or how, how do you sort of frame it?

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