Tanker

Analysts: Tanker rates to fall again in 2016

Analyst firm Drewry expects tanker rates to fall next year. Strong fleet expansion and an anticipated drop in the trade of crude oil will, according to the analyst firm, play a large role in the price decline.
BY CHRISTIAN BARTELS

The tanker industry can look forward to a decline in daily rates next year, predicts analyst firm Drewry in its latest report on the tanker market, according to the American Journal of Transportation.

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