Gibson Shipbrokers believes the pros outweigh the cons when forecasting the tanker market in 2023.

The broker said greater tonne mile demand and a smaller orderbook would outpace the expected global economic slowdown later this year.

“On balance it seems there are more positive indicators than negative, with increases in tonne mile

demand and flattening supply curve prevailing over economic turbulence and prospects of lower crude exports out of the Middle East,” Gibson said.