Potential headwinds include higher oil prices and a Chinese ban on fuel exports
French shipbroker BRS Group believes a volatile 2023 could still pose problems for optimistic tanker owners.
It has identified potential headwinds for crude and product carriers, predicting that it will be the second half of the year before the sector enters its “golden age”.
Crude tanker demand could be hit by higher oil prices, according to BRS, even if this goes against the conventional wisdom that higher prices eventually lead to higher supply.
TradeWinds is part of NHST Media Group. To read more about NHST Media Group, click here
TradeWinds is part of NHST Media Group AS. From November 1st NHST Media Group is responsible for controlling your data on TradeWinds.
We use your data to ensure you have a secure and enjoyable user experience when visiting our site. You can read more about how we handle your information in our privacy policy.
NHST Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors. Read more about NHST Media Group here.
TradeWinds is part of NHST Global Publications AS and we are responsible for the data that you register with us, and the data we collect when you visit our websites. We use cookies in a variety of ways to improve your experience, such as keeping NHST websites reliable and secure, personalising content and ads and to analyse how our sites are being used. For more information and how to manage your privacy settings, please refer to our privacy and cookie policies.