Ugly forecasts for 2022

Spot tanker rates for crude tankers and clean product tankers were generally terrible for most of 2021.
Most shipping analysts are not too optimistic on 2022. Many are pushing the tanker recovery further out.
Most of the surveyed analyst were in the low-$20K’s for VLCC. But one analyst (from Stifel) was relatively upbeat - $32K daily for VLCCs…

Belgian tanker giant Euronav (EURN) reported yesterday (2/3/22) - worth perusal to get a “from-the-trenches” perspective (working on it)