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.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Norden's tanker partner lands EU loan for expansion
For subscribers
Nordic American Tankers sees healthy tanker market in 2016
For subscribers
