Market Update: Short disruptions have a quick effect on the tanker market
Our belief in a structurally driven strengthening of the tanker market from the second half of 2021 stands firm. In addition, we are now also seeing short disruptions having a quick effect on the market. This is a clear indication that, despite everything, we have a market in relatively good balance.In recent times, we have once again seen how quickly conditions can fluctuate in the tanker market – due to changes in supply or transport flows of oil. We saw it during the Evergreen situation in the Suez Canal and the Colonial Pipeline cyberattack, which cut off the flow of oil pipelines