Independent journal on economy and transport policy
19:41 GMT+2
Tanker Market To Hit Record-Breaking Lows
(MaritimeToday.com)
June 19, 2001
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 ...... Read more on MaritimeToday.com
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