Clarksons expects significantly lower tanker rates for the rest of the year

Depletion of the oil stockpiles is going much faster than Clarksons Platou anticipated. The shipbroker has cut its rate estimates in half for the biggest tanker vessels for the rest of the year.
Photo: PR / Euronav
Photo: PR / Euronav

Crude oil shipping companies should prepare for rates that are somewhat lower than what the companies experienced during the historical boom that emerged this spring.

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