It’s vital to build in sensitivities to baseline tanker forecasts, William Fairclough, the managing director of Wah Kwong Maritime Transport Holdings, told delegates attending last week’s Maritime CEO Forum at the Foreign Correspondents’ Club in Hong Kong.
Watch as one of the smartest brains in Hong Kong shipowning analyses why tanker shipping is so well placed right now. The Wah Kwong boss discusses sanctions, floating storage and IMO 2020 in a neat summary explaining the perfect storm sending rates higher and higher for tankers over the past 10 days.
A full report from the tanker session will feature in Maritime CEO magazine. The next forum takes place at the Fullerton Hotel in Singapore on March 17 next year.
The Maritime CEO Forum in Hong Kong was sponsored by American Express, Anglo-Eastern, Cobham, Dualog, Liberian Registry, Lloyd’s Register and Marlink.