Shippers turn to longer-term leases as tanker supply tightens

Capt. John

Rising oil tanker chartering rates due to global shipping disruption are forcing oil shippers to take on longer-term shipping charters, executives said this week at an energy conference in Houston. The global oil tanker fleet must now travel further to get crude to refineries and fuel to consumers....

https://www.hellenicshippingnews.com/shippers-turn-to-longer-term-leases-as-tanker-supply-tightens/

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