Intertanko: These are the tanker market’s troubles

As if the tanker market did not have enough to worry about in the year of 2013, during which way too many ships have entered a market with little growth, new jokers have appeared,” Intertanko tells ShippingWatch.

BY TOMAS KRISTIANSEN

Published: 13.06.13 at 12:26

Frontline is engaged in a new restructuring. Maersk Tankers is fighting to secure a surplus or a better result even. Torm is struggling to prove to the shareholders, the old bank creditors, that they can run a business.

If you ask the international organization of the tanker shipowners, Intertanko in London, challenges abound, not least for the major VLCCs which sail in Frontline and Maersk Tankers.

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Container reliability hit new low at the end of 2021

Foto: Christina Sabrowsky/AP/Ritzau Scanpix

Schedule reliability in the container industry set a new negative record in December 2021 with one route in particular hit hard with an on-time arrival rate of only 10 percent, show figures from Sea-Intelligence. Problems in supply chains are still ”a huge burden,” says Hapag-Lloyd.