Tanker Market Outlook 2H 2020: Charting the Course Ahead

Vortexa Online webinar
Vortexa Wed, 12 Aug 2020 - 9am BST / 4pm SST
Speakers

Presented in conjunction with Braemar ACM Shipping, we invite you to join us in this 45 minute webinar discussing the tanker market, how it went from boom to bust in the first half of 2020, and what trends can we see for the remaining year.

 

Unique market conditions that led to the floating storage rush were not sustainable in the long-term and were unable to help prop rates at yearly highs. If freight remains pressured will this lead to an uptick in flows or is demand set to remain low for the short to medium-term?

 

Topics covered:
  • The key drivers of the tanker freight markets today from crude and refined products flows
  • The rise of floating storage and our predictions for 2H 2020
  • Supply of tonnage within the tanker market and the effect of today's environment on the orderbook
  • How demand and supply in the tanker markets for 2H 2020 will ultimately impact freight rates
Your Presenters:

Anoop Singh, Regional Head of Tanker Research, Braemar ACM Shipbroking

Arthur Richier, Senior Freight Analyst, Vortexa

Free event
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The latest news

Sep 25, 2020
Oil & Gas

Utilisation rates for Very Large Crude Carriers (VLCC) fell to 44% in August, their lowest level this year according to Vortexa data.

Sep 24, 2020
Oil & Gas

Utilisation rates for Very Large Crude Carriers (VLCC) fell to 44% in August, their lowest level this year according to Vortexa data.

Sep 24, 2020
Freight

Utilisation rates for Very Large Crude Carriers (VLCC) fell to 44% in August, their lowest level this year according to Vortexa data.

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