July was a good month. The portfolio gained 10.80%, bringing the year-to-date performance to 49.28%. Since inception in 2023, it is now up 244.48%. Rates … Read more

I did not write an update for the past three months. This was partly for personal reasons and partly because there was not much need … Read more

No portfolio changes for April. Performance came in at -0.22%, bringing YTD performance to 33.32% and total return since inception in January 2023 to 207.64%. … Read more

February was another very strong month for the portfolio. Performance came in at +14.27%, bringing YTD performance to 33.61% and total return since inception in … Read more

January was a very strong month for the portfolio after a difficult December. Performance for the month was +16.93%, which more than recovered the prior … Read more

December was a tough month for the portfolio, down -4.55%. Shipping stocks in general ended the year on a weak note, and that showed up … Read more

November was a steady month with a gain of 1.83%. Most positions moved in line with expectations, with only HAFN and GLNG showing weaker performance. … Read more

It has been a few months since the last update, partly for personal reasons and partly because there was simply no need to make any … Read more

July delivered a strong gain of 6.97%, lifting our year-to-date performance to 14.43% and bringing total returns since inception in January 2023 to 104.02%. We … Read more

There was no update last month due to a vacation, but the portfolio held up well in my absence. May delivered a strong +7.00%, and … Read more