Flat fleet growth will define the tanker marker in 2024, according to Henry Curra, global head of research at Braemar. Speaking at the Baltic Exchange Tanker Forum, Curra expected a combination of low scrapping and cautious ordering to keep fleet growth in check, reports Baltic Exchange.
The challengesCurra set the stage at the event by recalling the pre-Covid scenario marked by chronic oversupply. The market witnessed a brief yet robust rally in 2020, only to face a significant downturn with...