It came amid an upgrade for Danish shipowner Norden and the initiation of Navig8 Products Tankers with a buy rating.
Analysts led by Nicolay Dyvik explain accelerating refinery expansion means the upside risk in the sector outweighs the downside in a year when newbuilding deliveries will peak
Dyvik and colleagues Petter Haugen and Oyvind Berle are guiding for MR rates of $18,000 per day this year and next, a 13% boost.
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