Tanker Rates Are Up, But So Is Ships’ Supply
Tanker supply has been growing over the past few years, as more and more newbuildings are entering the global fleet. In its latest weekly report, shipbroker Xclusiv said that “tanker fleet growth has accelerated considerably over the past two years, marking a clear shift from the unusually restrained supply environment that supported the market earlier ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.