Clarksons Research has issued a downbeat forecast for tanker rates in 2026 as ship deliveries ramp up.
Market fundamentals suggest earnings could ease back next year, particularly in the products
Clarksons Research has issued a downbeat forecast for tanker rates in 2026 as ship deliveries ramp up.
Market fundamentals suggest earnings could ease back next year, particularly in the products
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Kirby’s first-quarter earnings were propped up by steady fundamentals in its coastal tank barge fleet, although weather conditions kept a lid on further gains.
The Houston tug and barge owner
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Advantage Tankers is said to have added a VLCC newbuilding to its growing fleet, acquiring a resale from commodities giant Trafigura.
The Swiss-based company, which recently struck a deal with
After a strong first-quarter performance, Scorpio Tankers is undervalued and positioned for share price gains, analysts believe.
The positive report bodes well for peers in earnings season, they said.