Tanker market looks for more balance down the line.

The tanker market's balance of demand and supply could be headed towards a more sustainable future down the line. In its latest weekly report, shipbroker Allied said that "the tanker market has been in a state of despair since the pandemic brought an almost complete collapse of global demand for crude oil. While other major bulk commodities have since shown a remarkable recovery path in the demand levels, including energy commodities such as coal and natural gas, crude oil continues to lag...