https://twitter.com/JHannisdahl/status/1187433070829461504

TEN LTD ANNOUNCES DELIVERY AND LONG-TERM CHARTER OF AFRAMAX CRUDE TANKER
Approximately $200 million in time-charter equivalent gross earnings over period of contract
55% of the Fleet with Exposure in the Spot Market
Athens, Greece - October 22, 2019 - TEN, LTD. (NYSE:TNP), a leading crude, product and LNG tanker operator, today announced the delivery of an aframax tanker, the first in a series of four advanced technology vessels, built against long-term contracts to a major US oil concern. The proceeds in time charter equivalent terms, equate to approximately $200 million over the minimum duration.
"TEN continues its tested policy of enhancing strategic relationships with major end users," Mr. George Saroglou, Chief Operating Officer of TEN stated. "With the charter markets moving in the right direction and with 37 vessels in the fleet with the ability to capture the rates upturn, TEN efficiently combines secured revenue generation and the ability to participate in the strong freight environment," Mr. Saroglou concluded.
ABOUT TSAKOS ENERGY NAVIGATION
ABOUT FORWARD-LOOKING STATEMENTS
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
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TEN, a pioneering energy company, founded in 1993 and celebrating this year 26 years as a public company, is one of the first and most established public shipping companies in the world.
TEN's diversified energy fleet consists of 70 double-hull vessels (pro-forma), constituting a mix of crude tankers, product tankers and LNG carriers (including one LNG newbuilding option), totaling 7.8 million dwt.

https://finansavisen.no/nyheter/shipping/2019/10/21/7465130/hannisdahl-forventer-50-prosent-verdiokning-pa-stortankere

"Through the first nine months of 2019, delivery activity has picked up substantially from last year, particularly in the crude oil tanker segment where deliveries are up 37% year-on-year. In the same period, there has been a 52% reduction in demolitions. When combining the two, the issue of troubling overcapacity is once again looming on the horizon," says BIMCO's Chief shipping analyst, Peter Sand."

Jeg synes især nedenstående bemærkning er interessant, nemlig at ordrebogsratioen i stigende omfang er forældet. Jeg må indrømme, at jeg ikke kan gennemskue, hvorfor han mener det:

"BIMCO has continuously underlined the irrelevance of the fleet-to-orderbook ratio, which is becoming increasingly outdated. A decade back, the ratio may have been relevant when the fleet and orderbook were of a comparable size. Instead, focus should nowadays be oriented towards the fleet development, carefully taking account of deliveries and demolitions."