Norway’s Hunter Group is backing its VLCC investments to make more money against a backdrop of what it believes are the sector’s best-ever supply-demand fundamentals.
In its first-quarter results, the Oslo-listed investment company talked up “arguably the best VLCC supply outlook ever” over the next few years.
The Morten Astrup and Arne Fredly-backed group explained that the VLCC orderbook stands at 41 vessels, about 5% of the fleet.
