McQuilling draws bleak scenario for MR product tanker
The high number of orders for MR product tankers in recent years puts pressure on the hyped ship type, and the segment will also face tough competition from larger tonnage, according to US-based McQuilling.
BY OLE ANDERSEN
The massive ordering activity for medium-sized MR product tankers in recent years, not least financed by private equity funds, looks set to have a highly debilitating effect on market developments in the coming years.
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