Crude-tanker owners should enjoy making hay while the sun shines but not get carried away and kill off the market with an abundance of buying or ordering ships, says analyst Mark Williams.
Williams heads up Affinity Research, which was established in February and is working in tandem with Richard Fulford-Smith’s Affinity broking desks.
“Crude oil tanker freight markets are notoriously difficult to forecast but one can build scenarios using fairly simple assumptions,” Williams told TradeWinds after addressing Intertanko’s Hellenic Owners’ Forum in Athens.
