The product tanker market is near the bottom and not much is standing in its way once things get moving, according to Torm chief executive Jacob Meldgaard.
Speaking on a Value Investors Edge Live panel with J Mintzmyer, Meldgaard said pent-up demand and rising incomes would help lift the sector's ailing rates once the Covid-19 pandemic lifts.
"I must admit, it does feel as if we're teed up for a dramatic step up in demand, simply due to the nature of the financial state of consumers," he said.
