JP Morgan: Tanker boom will weaken in 2017

The boom for VLCCs, very large crude carrier vessels, will not last, writes JP Morgan in a new analysis and projects significantly lower rates for the tankers, starting in 2017 and two years forward.
Photo: Euronav
Photo: Euronav

The high rates for the VLCC vessels will not last. They will most likely fall significantly starting in 2017, projects JP Morgan in a new analysis.

Already a subscriber?Log in here

Read the whole article

Get access for 7 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
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading