Storm Watch

Fisher, Daniel
November 2006
Forbes Asia;11/13/2006, Vol. 2 Issue 19, p48
The article focuses on publicly traded shipping company Overseas Shipholding Group. At the helm of the shipping company is Morten Arntzen, who learned a valuable lesson from being a lender. He emphasizes the need to strengthen one's balance sheet in the good times because shipping rates will fall. Those times may be just up ahead for the tankers that haul crude oil from Saudi Arabia and West Africa to insatiable buyers in China, India and elsewhere.


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