Braemar ACM has raised its product tanker rate forecasts for 2020 but is more cautious with its longer-term view of the sector.
Researchers at the brokerage say they overestimated the strength of the likely recovery this year.
Brokerage keeps bullish view despite market recovery taking longer than expected.
Braemar ACM has raised its product tanker rate forecasts for 2020 but is more cautious with its longer-term view of the sector.
Researchers at the brokerage say they overestimated the strength of the likely recovery this year.