The overheated spring on the product tanker market with record results and high rates has been replaced by tougher times with lower oil demand, increased competition for customers and pressure on freight rates.
The more "normal" conditions on the product tanker market are clearly reflected in the analysis and ranking provided by maritime supply chain and consultancy firm Drewry for ShippingWatch. Here, Drewry ranks the five the largest product tanker carriers' results in the first three quarters of the year.
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