Crude tanker owners have been the hardest hit shipping peer group amid chaos in the global equity markets, according to analysts at Pareto Securities.

As TradeWinds reported yesterday global stock markets were enduring a wide selloff, potentially opening the door for maritime investors with capital.

Eirik Haavaldsen and Fredrik Stene note that shipping has not been spared in the selldown, with public companies seeing an overall fall of 6% up until Tuesday evening.