Analysts at the Norwegian finance house note tanker rates have risen by up to 200% in some sectors in the second half of the year.

Over the same timeframe, the share price of tanker owners on which they have a buy rating has slipped by almost one fifth, the investment banking division of RS Platou said in a report today. 

Analysts Frode Morkedal and Herman Hildan explain VLCC period rates over both one and five years are at the highest levels since 2010.

Given