155 new ships can prolong tanker shipping's troubles
While some carriers are confident that the downturn in the tanker market could be shorter than expected, analyst firm Drewry points out that the many newbuilds look like an impediment to an upturn.
A large number of newly-built ships threatens to stifle all possibilities for an upturn in the tight tanker market, Drewry evaluates.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.