Hafnia chief executive Mikael Skov is bullish on product tanker prospects this year due to the sector's lowest orderbook in 30 years.
Shipyards have only six LR1s on their books currently, and 35 LR2s.
Orders for LNG carriers, VLCCs and suezmaxes have been filling slots worldwide, but Skov said: "We see very little for product tankers."
He believes price levels relative to vessel size for new eco-designs is keeping a lid on orders.
