Its brighter view came with a caveat as analyst Mike Webber urged investors to “ignore the pom-poms and focus on quality”.
In a report on Tuesday Webber raised his 2015 VLCC rate projection by 14% to $50,000 per day.
He also added 9% to his suezmax forecast, increasing his guidance to $40,200 per day.
Webber says he expects the present favourable conditions in the tanker market to last into next year.
“However,