Tanker Market To Hit Record-Breaking Lows
The tanker market is fast approaching record lows, with little
prospect of recovery this summer, brokers said on Tuesday.
"It's back to the bad old days," said one London broker.
"The market's gone down the pan." He blamed the stand-off
between Iraq and the United Nations for the stagnation.
He said that the 280,000-ton Napa had been
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