The stance of the new US administration on sanctions could be crucial for the future of veteran VLCCs, according to Okeanis Eco Tankers.
The Oslo-listed owner sees the attitude of president elect Joe Biden towards Iran and Venezuela as potentially shaping the tanker fleet in the coming months.
Speaking on a conference call with analysts, chief operating officer Aristidis Alafouzos said that vessels over 15 years of age find it very difficult to compete for business that Okeanis' modern fleet will offer into.
