Independent journal on economy and transport policy
01:32 GMT+2
Boom time for oil tanker firms, yards
(Shipping Times)
September 11, 2000
Oil demand boosts hikes in tanker freight rates, more orders for Korea yards
By Ann Toh
[SINGAPORE] Growing worldwide demand for oil and the subsequent shortage of oil vessels have led to a boom time for oil tanker companies.
Oil in Asia crawled towards a near-decade high above $34 a barrel on Wednesday as Saudi Arabia and other Opec members talked of an imminent ...... Read more on Shipping Times
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