Gibson Tanker Market Report

Stepping into 2023

 

Whilst 2022 ended with a fanfare, there is now a quieter feel for tanker markets as we step into 2023. The first Baltic Exchange assessments this week showed some notable red on TCE earnings relative to the values recorded in late December, particularly for crude tonnage. Despite the drop, however, earnings remain healthy, and Owners are looking optimistically into the year ahead.

 

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