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Golden Age or Bronze Age: Where is the clean tanker market heading?

with Alex Younevitch and Patrick Tye

October 02, 2015 07:15:23 EST (13:23)

Clean tanker freight rates have improved in 2015, but this renaissance may yet prove to be temporary. In this video, Alex Younevitch, Platts managing editor for West of Suez freight markets, and Patrick Tye, head of research at Gibson Shipbrokers, focus on the LR1 and LR2 clean tanker markets, analyzing how the global crude oil glut and imbalance of refined products boosted tanker earnings, while also examining the challenges arising from potential growth in tonnage supply, delays in the Middle East refinery projects and wild cards like Iran's return to the big crude oil arena.

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Clean Tankerwire brings you the latest in tanker freight and fixture rates, giving you a full view of the most important developments, so you can effectively analyze the tanker market. Clean Tankerwire is a daily report that offers extensive listings and clear analysis of the latest tanker freight and fixture rates as a percentage of the Worldscale figure and an additional cost per metric ton conversion.

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