Braemar: Banks slow down VLCC scrapping
The VLCC fleet needs to be reduced in order to improve the market, but the banks are slowing down the scrapping rate of ships, as they stand to lose money from it, says Braemar Seascope Director of Research, Mark Williams, in an interview with ShippingWatch.
LONDON:
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Poten & Partners warns against VLCC hype
For subscribers
.jpg&w=384&q=75)
