UK shipbroker Gibson has taken a long view of tanker markets — and its verdict is positive news for shipowners.

The London shop believes crude vessels look set to enjoy healthy rates into the next decade despite oil demand peaking before 2030, while specialised product and chemical tankers will be boosted by a switch to greener fuels.

Gibson was reacting to a report by the International Energy Agency, predicting global oil demand to peak in 2029 at 105.6m