Strategic positioning focuses on maintaining a debt-free balance sheet with $853 million in cash to allow for rapid opportunistic investments in a volatile environment.The company is executing a 'drip-feed' fleet renewal strategy, selling older Suezmaxes and its only VLCC to capitalize on high asset values while acquiring more modern Aframaxes.Operational outperformance was supported by 99.8$11,300 per day.Str ...