Tanker owners will probably have to write 2022 off as merely ‘transitional’, according to French shipbroker Barry Rogliano Salles (BRS).
The company said in its latest market report that a sustained recovery for the suffering sector may not come until 2023, unless vessel scrapping sees a dramatic upturn.
The Paris-based shop does not see this as likely, however.
BRS said that as the fleet continues to grow, demand for ships will lag pre-pandemic levels across 2022.
