Navig8 Topco Holdings has sounded a positive note for tanker owners plotting their next moves amid coronavirus disruption.
The private investment arm of the Navig8 group owns a VLCC, eight LR2 product tankers, an LR1, 11 MRs and two bunker tankers.
In its latest quarterly results statement on Wednesday, the company said long-term crude tanker fundamentals may remain positive, but significant economic uncertainty remains in the face of a global recession precipitated by lockdowns around the world and the various paths countries plot back to "normality".
