The tanker sector was unexpectedly weak in the fourth quarter of 2024 and faces a growing supply of tonnage and slower demand growth this year.

In the fourth part of our shipping market outlook series we are focusing on the tanker sector with Maritime Strategies International (MSI) Analyst Tim Smith. 

Speaking to the Seatrade Maritime Podcast Smith notes a swing on the supply side with a growing orderbook and 60 million dwt of new tonnage order in 2024.

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