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Paolo d'Amico highlights two crucial factors for the product tanker market

After a dreadful start to 2021, the product tanker market is now bottoming out, if you ask Paolo d'Amico, Executive Chairman of the Italien d'Amico Group. Two aspects will be vital for the recovery of the struggling market, he tells ShippingWatch.

Photo: d'Amico

GIULIANOVA

Although Paolo d'Amico describes the current tanker market as highly volatile, he does eye bright spots ahead for the market, which took a tumble in the second half of 2020 after a spring season where freight rates rose to record-high levels.

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