Deutsche Bank (DB) analyst Amit Mehrotra believes owners and shareholders are poised to benefit from the booming tanker market to the tune of billions of dollars.
He said investors could reap the rewards of a "blockbuster" cash windfall after VLCC rates hit more than $300,000 per day on Friday following the missile attack on an Iranian tanker, the 160,000-dwt Sabiti (built 1999), off Saudi Arabia.
