The outlook for tanker rates was already dicey. After the worst year in three decades in 2021 and a terrible start to 2022, analysts have just cut their rate forecasts and pushed back their recovery timelines, yet again. As one tanker owner told brokerage Fearnleys, “The light at the end of the tunnel has been …
The post How low can tankers go? Analysts slash rate forecasts (again) first appeared on Hellenic Shipping News Worldwide.