Chemical tanker market has lagged behind for seven years
Chemical tanker rates increased 25 percent in 2019. Still, there is some way to go before Odfjell's CEO would call the market sustainable. Seven years of feet-dragging are noticeable, he tells ShippingWatch. And now another black swan has emerged.
"Right now, we're holding our breath," says Odfjell Chief Executive Kristian Mørch, who, like many others, is watching the developments of the coronavirus, which has spread to at least Italy, South Korea and Iran.
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