Independent journal on economy and transport policy
15:06 GMT+1
Tanker phase-out 'will cause lack of capacity'
(Shipping Times)
September 19, 2000
By David Hughes in London
ACCELERATED phase-out of single-hull tankers will lead to a lack of capacity at world shipbuilding and demolition yards, according to a study commissioned by the Japanese ministry of transport.
Although sufficient annual capacity for VLCC newbuildings exists, at a theoretical maximum of 88 vessels per year, when other sizes of tanker ...... Read more on Shipping Times
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