Lloyd’s List: Broker Bullish on VLCC Rates Outlook

“Lloyd’s List based this article on a presentation given by Jefferson Clarke of Poten & Partners at the Lloyd’s Shipping Economist Ship Finance & Investment Conference in London. “New York-based Poten & Partners said the medium-term rate environment for very large crude carriers would remain above long-term averages, although oil consumption forecasts were being revised downwards by analysts and agencies.”