Tanker owners may be about to enjoy a short-term boost to rates from a second wave of storage contracts, but analysts do not view this as a positive for stocks.
Some owners have been able to lock away VLCCs for regular business over six months at rates in the low to mid $30,000s per day, including DHT and Awilco Eco Tankers, as TradeWinds reported on Wednesday.
But most tanker companies are facing opex levels — or below — in current spot markets.
