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.
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