Market Realist: Analyzing the Crude Tanker Industry’s Dynamics and Peers

24 Feb 2015: “With overall VLCC market sentiment rebounding and the supply-demand position remaining relatively tight, an uptick of vessel prices is expected—combined with continuing demand levels. Shipbroker Poten & Partners commented that for Suezmax vessels strong rate gains in the North Sea and Mediterranean markets likely contributed to the sentiment boost. It’s supported by the strong January demand for Suezmax vessels on voyages to points in Europe and Asia. This reduced the encroachment from the larger tankers into Aframax demand.”