Tanker market forecast to have surplus of 21m dwt
Increase in capacity of tanker fleet likely to put more pressure
on freight rates next year: report
By Felix Chan
[SINGAPORE]
The global tanker fleet saw the largest quarterly net increase
in the third quarter, its largest in over six years, and the trend
is likely to push freight rates south, shipbrokers Simpson Spence
& Young (SSY) said in a recent
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