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26/08/2022at 14:36

Mikael Skov: EU sanctions will boost demand by more than 100 MR vessels

Product tanker is red-hot, but Hafnia predicts a boom in both rates and demand once EU sanctions shut off oil import to Europe in 2023, Hafnia CEO Mikael Skov tells ShippingWatch.
Photo: PR/Hafnia
by DAG HOLMSTAD

The elevated, red-hot product tanker market, where carriers have secured record earnings this past quarter, will reach a boom-like state in early 2023.

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