It has been the worst year in the tanker freight markets since the recession of the early 1990s. But as transport restrictions eased over Q3 this year, global oil stocks began to be drawn down, oil demand and prices started to rise again and the first shoots of an oil tanker market recovery began to show. Equity analysts began to get excited about oil tanker stocks and there was talk in the markets about consolidation as investment bankers sought M&A opportunities. But the f