Analyst Bjorn Kristian Roed urged investors to pick up stocks in New York-listed Scorpio Tankers and Ardmore Shipping as well as Oslo over the counter quoted duo Hafnia and Navig8 Product Tankers.
“Two thousand and fourteen might appear disappointing, but product tankers are a 2015 and onwards story,” Roed said in his introductory report.
He projects MR rates of $18,735 daily in 2015 to grow to $20,250 daily in 2016 and $22,000 in 2017.
