Crude tanker storm whipping up

摘要

The turning point for crude tankers is finally here. If market pessimists are correct, newbuild-ing deliveries will stifle rates for at least the next 12 months. "There has been an awful lot of talk about the orderbook, and we've reached the point that everybody has been talking about for a couple of years: the second half of 2016," said Euronav chief executive officer (CEO) Paddy Rodgers on his company's latest conference call.