Clarksons Research has unearthed signs of further "market recalibration" ahead of IMO 2020 next year.
Managing director Stephen Gordon said vessel supply is looking manageable and there is potential for IMO 2020 ‘wildcards’ to have a positive impact.
But broader economic headwinds are impacting sentiment, suggesting demand side risks should be monitored closely, he added.
Gordon said the focus on the environmental regulatory timetable continues.
