China Merchants Energy Shipping Stock Forum

China Merchants Energy Shipping's ROCE trends indicate promising prospects. The stock has given a respectable 89% return over the last five years, suggesting these developments are gaining deserved attention. Further research is advised to see if these trends will persist.

Investors are pleased with China Merchants Energy Shipping's strong performance, as indicated by its growing ROCE. This trend suggests the company might have a promising future if it's capable of maintaining its positive performance trajectory.

Core point：
1. The International Energy Agency forecasts that U.S. oil production will increase by another 950 Kb/d by 2023 while domestic oil demand remains virtually unchanged.
2. We expect more crude oil exports from the U.S. Gulf in 2023 but fewer incremental barrels from Europe.
3. As a result, we expect VLCCs to be less competitive in transatlantic trade, with Suezmax and Aframax regaining market ...