Falling Oil Prices Vs Tanker Market Boom

Capt. John

Tanker shipping was one of the few winners amid the global rout in stock markets and oil prices seen during the first few months of this year, in the face of falling industrial activity and weak demand as the world came to terms with the coronavirus pandemic, says an article published in financial times.

Impact of the pandemic

Over the last few months, we have seen an explosion in tanker freight rates with the largest class of tankers, the VLCCs (Very Large Crude Carrier) making headlines as the...

https://mfame.guru/falling-oil-prices-vs-tanker-market-boom/

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