Tankers Aframax earnings increased 35% last week. The largest tankers, VLCCs also saw a increase in earnings growth, with earnings rising as much as 85%. This is a significant sign of strength, earnings are expected to rise further in the near future. We expect that we are now in the final phase of the extended refinery maintenance period, which has been substantially longer than most players in the industry had imagined. We also know that more ships are scheduled for Scrubber fitting in the weeks / moths to come. This, combined with the fact that the refineries are expected increased.