Maersk Product Tankers expects 2022 to be "not an amazing year"

There’s no doubt that 2021 was a miserable year for the global tanker industry. But 2022 could end up strong, many parties say. Maersk Product Tankers is more doubtful. ”2022 won’t be an amazing year,” CEO Christian M. Ingerslev tells ShippingWatch.

With 61 vessels, Maersk Product Tankers is among the largest shipping lines carrying refined oil products. | Photo: PR / Maersk Tankers

”It’ll get better. We just have to get rid of Covid. The gears need to start turning, people need to get out and fly. And the fleet of product tanker vessels is at the lowest level seen in a long time.”

That’s the essence of the optimism still present among some of the world’s major product tanker shipping lines, which overall have had a miserable 2021 but now hopes for the market to see a reversal this year.

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