Independent journal on economy and transport policy
19:18 GMT+2
Surplus of chemical tankers to hit earnings
(Shipping Times)
February 24, 2000
[LONDON]
The world's fleet of chemical tankers has risen by 25 per cent over the last four years leading to a tonnage glut and the spectre of reduced revenues for shipowners.
A report by Ocean Shipping Consultants said shipowners will be forced to reduce costs and increase efficiency to counter the estimated growth in the fleet to 23.5 million deadweight ...... Read more on Shipping Times
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