February 16th, 2018

Tanker market outlook

In the doldrums

It has been a particularly disappointing few months for the tanker market. Not since 2012 has the crude tanker market performed so poorly over the winter, with almost none of the seasonal upswing we are used to seeing. TD3 averaged a paltry $22k/day in Q4 and so far this year has been even lower. Other sectors fared little better. Is this a sign of things to come for the rest of 2018?

Please login to view this content

Contact Braemar ACM Research at [email protected]