Tankers Archive

October 20th 2017

Future ordering Building tolerance

Ask any tanker analyst what the weakest element of their long-term market outlook is, and they will probably point to their estimate of future ordering activity. For us, estimating future ordering is a collaborative effort. It involves our vessel data team, sale & purchase desk and many of their clients. But it all starts with a fundamentals-driven view on how many fresh newbuildings we believe the market can ‘tolerate’; a view that we lay out here.