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Tankers and Gas Market Insight

Tanker profits vanish for Frontline and Scorpio Tankers

A combination of inventory drawdowns, stalling demand growth and caps on crude production is driving rates lower

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Two leading listed tanker companies report they are struggling to earn rates that cover cash breakeven costs against the backdrop of continuing lockdowns in key global economies

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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