Splash Extra

Plus ça change for tankers

Splash Extra really feels sorry for those who operate in the crude oil tanker market. You can’t really enjoy a quiet glass of champagne, while recalling the might of the 2020 market, without getting bothered by someone moaning about the absence of scrapping. When do the other players in the market get to it? You ought to scrap your ships – while I keep all of mine! Don’t worry, Hugo, at some point in time your 2002- and 2003-built ULCCs that you can’t charter out come of age too. You might even...

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