Analyst firm expects higher prices for tankers in upcoming years
Clarksons predicts increasing rates and values in the VLCC market until the end of 2024, with a low order book being a particular promoter of developments.
by DANIEL LOGAN
The market for very large crude carriers (VLCCs) has hit a preliminary bottom level, according to Clarksons, which expects ship values and day rates to increase throughout the next couple of years.
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