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    Crude tanker market improving, but far from considered as booming

    November 9, 2013
    SeaNews
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    Crude tanker market improving, but far from considered as booming
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    In its latest market outlook, tanker owner Teekay Tankers said that crude tanker spot rates in the third quarter of 2013 improved slightly from the second quarter of 2013, and remain at comparatively low levels on a historical basis. Suezmax rates decreased as supply disruptions in Libya and Iraq reduced available cargos, and continued increases in U.S. crude production

    In its latest market outlook, tanker owner Teekay Tankers said that crude tanker spot rates in the third quarter of 2013 improved slightly from the second quarter of 2013, and remain at comparatively low levels on a historical basis. Suezmax rates decreased as supply disruptions in Libya and Iraq reduced available cargos, and continued increases in U.S. crude production

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