Tanker CEOs: Investors not rewarding us deservedly

The tanker carriers are piling up money and the sector's future looks bright, note the chief executives from carriers Euronav, Frontline and Tsakos, describing the recent slide in share prices as unjustified.
Photo: Richard Drew, AP
Photo: Richard Drew, AP
BY JOHANNES HARTKOPF-MIKKELSEN

According to the CEOs of three of the biggest tanker carriers in the market - Euronav, Frontline and Tsakos - the drastic slide in tanker share prices is completely unwarranted, as money is flooding into the carriers and the market prospects look much better than what investors seem to indicate.

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