US broker McQuilling Partners says its proprietary data showed that 52 orders were placed, the bulk of which were suezmax tankers.

The news may go some way to easing industry fears that the recent rally in tanker rates is prompting an ordering binge by owners.

McQuilling’s figures suggest that suezmaxes made up 41% of the orderbook in the first quarter, followed by aframaxes and LR1s on 17% each, followed by VLCCs on 15% and LR2s and MR1s at 6% and 4% respectively.

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