I saw a bit of the Marine Money panel on tankers.

On Hormuz they said:
- 35% of world's seaborne oil passes every day - 15m barrels
- largest customer is China, then India
- any closure would be temporary
- no increase in insurance premiums yet, so the world's largest insurers see no risk

On the other hand:
- Qatar already asking LNG ships to stay outside until called upon to go in the AG to load
- Next step would be daylight crossings only
- Another step would be convoys

Basically, even if Hormuz doesn't close, it causes inefficiencies in an already tight market.

On the panel was Teekay Tankers (TNK), DHT, Frontline (FRO) and INSW.
If I were to take a position here it would for sure be DHT and FRO only. They seemed like very serious people.