Fearnley’s senior tanker analyst Dag Kilen is forecasting that a series of regulatory, supply and demand factors will add up to a boom in tanker rates around 2020.
Speaking at the FFA Broker’s Association Tanker Freight Derivatives Forum in London, Kilen predicted the recession hit tanker market could be heading for recovery.
He pointed to a significant dip in tanker deliveries in 2019 and 2020.
