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29 September 2020 The on-line newspaper devoted to the world of transports 16:38 GMT+2

December 17, 1998

Product tanker trade crippled by Asian slump

Clarkson study says only bright spot is an expected recovery in the US market

By Felix Chan


A sharp downturn in Asian demand has put a severe dent in the fortunes of most product tanker operators.

Taking the cue from the wider tanker market this year, the combination of lower demand stemming from the Asian economic meltdown which had subsequently ......
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