Independent journal on economy and transport policy
01:41 GMT+2
TWO UNUSUAL ORDERS AND A NOTE OF CAUTION FOR VLCC OWNERS
(Shipping Times)
December 11, 1997
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 ...... Read more on Shipping Times
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