Product tanker elite in close race for earnings

Hafnia Tankers delivers significantly above the market in earnings on the large product tankers, while the world's largest owner of eco-newbuildings, Scorpio Tankers, lags behind. ShippingWatch has collected the results from the top of the crop in product tanker.
BY OLE ANDERSEN

Both the low oil price and large reserves of oil on the global market in 2015 have sent the rates for the transport of crude oil and oil products soaring and strengthened recovery for the large tank companies. This is a development built up in the final stages of the global financial crisis by investors across new and established companies, shipowners and international shipping analysts, with a sea of newbuildings, particularly within product tankers, and with deliveries in 2014 and 2015.

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