Maersk Tankers eyes strong market throughout 2015
Yet another of the world's major tanker players, The Maersk Group's tanker business Maersk Tankers, sees the strong market continuing the rest of the year. The carrier's CEO Morten Engelstoft tells ShippingWatch that he expects the rate level will last.
BY TOMAS KRISTIANSEN
"We're not running around cheering. What's needed in order to start talking about a healthy market is that the rates stabilize on the long term at the current level, and I doubt that's going to happen, even though it's necessary in order to improve the far too low returns on the business."
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