ShippingWatch

Analyst firm projects the tanker market will bottom out in first half of 2021

The rates for crude and product tanker vessels got off to a weak start to the year, and according to an analyst firm the market could bottom out in the first half of the year. While rates are moving south, ship values have been more robust.

Photo: Uncredited/AP/Ritzau Scanpix

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DFDS raises its 2021 outlook

Better-than-expected freight results lead DFDS to upgrade its 2021 outlook. At the beginning of the year, the outlook was low, but the recovery has since been faster than the company expected, said DFDS.

Further reading

Related articles

Latest news

See all jobs