DNB Markets believes modern VLCC prices could move back above $100m in the next couple of years as the market recovers.
Analysts led by Nicolay Dyvik project secondhand tanker asset prices could climb by 18% by the middle of next year, with newbuildings looking at an 8% bump.
This would push a VLCC resale to $100m, a 14% climb on today, a year from now.