Mon, 02 Nov 2020 22:00:59 +0000

The tanker market is looking at more months of losses and negative pressure on freight rates, as a result of worsening fundamentals. In a recent weekly report, shipbroker Allied Shipbroking said that “it has been a catastrophic 3rd quarter for the crude oil tanker market, with freight rates plunging to new lows, mounting the pressure …

The post Tanker Market Braced for Tough Winter Months first appeared on Hellenic Shipping News Worldwide.


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