Bullish Q4 2022 trade flow shifts are ‘durable’ for midsize tanker freight through 2023: Teekay
After seeing historically high levels in the fourth quarter of 2022 due to trade-flow shifts resulting from the Russia-Ukraine conflict and the resurgence of global oil demand, Teekay Tankers Ltd expects that midsize dirty tanker freight will remain elevated into 2023, the company said in its fourth quarter 2022 earnings call Feb. 23. “We think that these freight pattern changes…