International Seaways sees sustained tanker market strength
‘Attractive supply and demand fundamentals’ to continue driving market strength, says chief executive Lois Zabrocky
Tanker fleet to continue benefiting from ‘positive oil demand trends’, higher tonne-miles, and limited shipyard capacity, International Seaways chief Lois Zabrocky says. The New York-listed company reported earnings that fell short of analysts’ expectations owing to an increase in off-hire days that was above previous guidance