World Maritime News: Tanker Market Could See More Upside Potential in 2H

08 August 2016: “Due to rather severe summer doldrums, earnings across all tanker sectors dropped to levels not seen since September 2014. Tanker rates typically stage a recovery going into the northern hemisphere winter months, however, according to Poten & Partners, there are concerns that this might not happen to the same extent this year. “In its latest tanker opinion, Poten & Partners revealed the main drivers of the market that could shape the rate environment in the second half of 2016. “Many of the factors that negatively influenced the tanker market are likely to turn around in the second half of the year, Poten & Partners said, adding that, ‘at this point in the cycle there is obviously a lot more upside potential than downside risk.’”