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15 December 2019 The on-line newspaper devoted to the world of transports 17:14 GMT+1



DECEMBER 11, 1997

TWO UNUSUAL ORDERS AND A NOTE OF CAUTION FOR VLCC OWNERS

By David Hughes

THE build-up of VLCC newbuilding orders continues, as can be seen in this week's list of recent orders. These major investments must be at least partly in response to the current firm market. But the owners concerned presumably are more swayed by a belief in the longer term prospects for the large tanker market. Those owners should have been ......
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