Fri, 28 Feb 2020 22:00:59 +0000
Tanker rates have taken a turn for the worse, as a result of dwindling demand and fewer cargoes available, as a result of increased tonnage supply, following the lifting of the US sanctions on Cosco’s tankers. In its latest weekly report, shipbroker Intermodal said that “the positive feeling and optimism for a fresh rally during …
Full article: https://www.hellenicshippingnews.com/tanker-market-feeling-the-impact-from-the-coronavirus-effect/