Tanker Frenzy: A Fleeting Glimpse of Maritime Prosperity? SFL Corporation Ltd.
's recent earnings call has sent shockwaves through the shipping industry, with revenue climbing to a record $201 million in the second quarter.
Revenue growth is certainly impressive, but beneath the surface lies a more nuanced story. The surge in tanker rates and car carriers' strong bookings hides a fragile market that may be nearing its peak.