Thu, 12 Mar 2020 22:00:58 +0000
Earnings will go up as fuel costs go down. Will we also see an evaporation of slow steaming and higher freight rates as Saudi Arabia starts to produce oil at maximum capacity? As BIMCO often highlights, the oil tanker shipping market is at the mercy of geopolitics. This includes sanctions, elevated tensions in major oil …
Full article: https://www.hellenicshippingnews.com/shipping-number-of-the-week-oil-prices-suddenly-drop-24-a-boon-to-the-oil-tanker-shipping-industry/