Tanker market summer outlook | June 2025

As we approach the mid-point in the year, Matt Wright, Lead Tankers Analyst shares his views on the markets for the remainder of 2025. - How the return of OPEC+ barrels may shape the VLCC market over 2H25. - How could USTR port fees and the SHIPS Act impact the tanker market? - What next for Suezmaxes after the CPC driven Suezmax boost? - Urals is back below the price cap. What does this mean for Aframaxes? - LRs face weaker demand from Europe and more newbuild Suezmaxes trading clean. - MR demand picks up but rising vessel supply this year keeps pressure on rates.