ShippingWatch

Product tanker in intense consolidation race

The meetings to discuss product tanker mergers are intensifying, and many signs indicate that there will be fewer independent carriers in the segment by 2019. "Something will happen in 2018," stakeholders tell ShippingWatch.

Photo: Hafnia Tankers

LONDON

The meetings between CEOs from numerous product tanker carriers are intensifying, according to several significant players in the sector.

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