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22 September 2021 The on-line newspaper devoted to the world of transports 14:19 GMT+2



June 19, 2001

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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