Tanker

HSBC: Upswing is moving from container and dry bulk to tanker operators

After several years of losses, things are brightening for tanker operators, which, according to HSBC, are set to take over the ”baton” with high rates from container carriers and dry bulk operators. Several factors prompt tailwinds.
Photo: PR / Euronav
Photo: PR / Euronav
by DAG HOLMSTAD

After a number of poor, loss-generating years, tanker operators have recently seen a regular upswing with progress in rates and operating income, and the golden days could even carry on for a longer time, according to HSBC.

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