Tanker market outlook for 2024

Continued strength in the fundamentals of the tanker market are seen in the coming year as the sector continues to benefit from geopolitical turbulence and resulting disruption.

In the fourth part of our shipping market outlook series we are focusing on the tanker sector with Maritime Strategies International (MSI) Analyst Tim Smith. Looking back at 2023 for the tanker sector he notes there have been massive swings in spot earnings across different markets but there has been an elevation in the overall strength of earnings which continued into Q4 of the year.

Listen now to find out more about the forecast for 2024