In a client briefing Omar Nokta noted interest has waned in recent weeks, which leads him to believe that the crude tanker segment will exhibit “its normal seasonal pressures” during the second and third quarters of this year.
“At the start of 2015 we felt spot rates could remain strong despite the likely softer spring and summer months due to tighter vessel supply brought on by floating storage [but] this is shifting,” the forecaster said.
While
