Newbuilding Tonnage Supply and Lower Oil Volumes To Keep Rates Under Pressure

Capt. John

Tanker owners could be faced with increased downward pressure exerted on the freight rate market in the coming months. In its latest weekly report, shipbroker Gibson said that “refinery maintenance season is well underway. Scheduled turnarounds in North America may have peaked, but globally planned...

https://www.hellenicshippingnews.com/newbuilding-tonnage-supply-and-lower-oil-volumes-to-keep-rates-under-pressure/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon