Gibson Weekly Tanker Market Report [W14]

EA-Gibson

Undoubtedly, 2017 proved to be a very difficult year for the product tanker market, with earnings sinking to multi year lows on the back of rapid fleet growth in the larger product tanker segment, limited arbitrages due to high product stocks and no large-scale growth in demand in key loading areas. Will this year be any different and when do we expect to see a rebound in industry earnings?

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