MR2

IMO 2020: Mcquilling Services Mid-Year Tanker Market Outlook

  • The outlook includes a view on future asset values, time charter rates, market freight rates and TCE revenues for 24 major tanker trades.
  • It also focuses on four triangulated routes across eight vessel segments for the second half of 2019 through the remaining four years of the forecast period 2019-2023.
  • VLCC sector accounts for the majority of this demand at 65% of the total demand for dirty tanker tonnage using 2019 year-to-date data
  • Global oil demand is expected to grow 0.9% in 2019 to over...

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