The global tanker shipping industry is likely to find a new normal in the medium term, with sales of second-hand ships taking center stage while orders for newbuilds slow down.
Meanwhile, existing tanker companies may become bigger as ships change hands, or they may form pools to enable better bargaining with charterers, while shying away from ordering new ships.
Uncertainties over how and when the coronavirus pandemic will end are partly behind the new approach, but so is the higher use of...
https://blogs.platts.com/2020/09/24/oil-tankers-coronavirus-decarbonization-freight/