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Skip Navigation LinksHome|News & Analysis|Videos| Resurgence of dirty tanker market in 2015: Just a flash in the pan?


Resurgence of dirty tanker market in 2015: Just a flash in the pan?

With Alex Younevitch and John Morley

December 16, 2015 16:50:38 EST (15:51)

Dirty tanker freight rates soared to their highest level in years in 2015, bringing back the positive vibe for shipowners. But how sustainable is this strength in prices going forward? In this video, Alex Younevitch and John Morley explore the key drivers behind the rise of the tanker market, including the global crude oil oversupply, storage capacity issues, and slower fleet growth, as well as discussing prospects for 2016.

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