Tanker demand and consequently freight rates in the Baltic Sea trades are experiencing high volatility as a result of the fact that oil export flows out of Former Soviet Union (FSU) states continue to undergo rather dramatic shifts. In a recent report, Poten&Partners noted that a recently completed expansion of the Eastern Siberia-Pacific Ocean (ESPO-2) pipeline will give producers in the FSU fu...
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Baltic Sea tanker demand experiences major ups and downs for various ship types

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