Erik Helberg notes VLCC supply growth has been at zero since April, and the market is heading into the peak winter season.
At the same time rates are presently $10,000 per day ahead of 2013 on average.
Speaking at the Capital Link event in London, Helberg said: "I think we are set for some exciting times in the tanker market.
"Those of you who bought into the cyclical upturn nine months ago, there is no reason to panic.
