Product tanker owners can expect a "big winter rally" and a strong jump in earnings potential as demand recovers from pandemic setbacks, according to Clarksons Platou Securities.
The Norwegian investment bank sees profits from spot deals rising significantly in the coming months, mirroring better results from crude tankers.
"The energy sector has become increasingly tight with record natural gas and LNG prices, along with multi-year high pricing for thermal coal and power across much of the world," said analysts Frode Morkedal and Omar Nokta.
