What the hell just Happened?
12 months ago, we titled our closing report of 2021 ‘A year to Forget’. 2022 has been anything but and summarizing what just happened on one page is no easy feat. Early in January, we then titled a report called ‘Tanker Super Cycle’, where we assessed the likelihood of the tanker market experiencing the same fortunes as the LNG and container markets. We concluded that based on the fundamentals at the time, the tanker market needed a black swan event to trigger its very own super cycle…
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