Tanker markets on course for a stronger 2024

Tanker-Shipping-Market-Overview-Outlook-August-2024-Full-report

Despite weaker cargo volumes during the first half for both the crude and product tanker markets, we forecast a recovery during the second half and that both markets on average will see a stronger 2024 than 2023. Muted fleet and supply growth in both markets during 2024 is a key enabler for the relatively significant strengthening of the supply/demand balance […]

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