Norwegian tanker carrier extremely exposed in the rate collapse
The low point in the international shipping world is now coming from Suezmax tanker vessels, which are sailing at just USD 8,500 per day. The culprit likely lies in West Africa.
BY OLE ANDERSEN
The weakening of the international tanker market has been particularly painful for Suezmax vessels, where tanker carriers such as Nordic American Tankers in particular are harshly exposed.
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