Mon, 25 May 2020 21:00:57 +0000

Geopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping looks set to be under pressure for the rest of the year. Demand drivers and freight rates The tanker shipping industry was once again caught in a whirlwind, as freight rates skyrocketed …

 

Full article: https://www.hellenicshippingnews.com/tanker-shipping-sky-high-freight-rates-replaced-by-reality-of-falling-global-oil-demand/