Rusty Old Oil Tankers Fetch Big Bucks Thanks to Russia

Shipping companies enjoy earnings bonanza even if they won’t carry Russia’s oil

The age of a vessel isn’t a factor in how well shipping companies are doing these days. Photo: ISAAC URRUTIA/REUTERS

“Gone With the Wind” anti-hero Rhett Butler’s brutal take on war still resonates almost a century later.

“There were two times for making big money, one in the upbuilding of a country and the other in its destruction. Slow money on the upbuilding, fast money in the crackup.”

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