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    Tanker market continues to suffer from oversupply and will do so for a long time

    September 21, 2013
    SeaNews
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    Tanker market continues to suffer from oversupply and will do so for a long time
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    Outlook is looking pretty bleak for tanker owners across the board, as tonnage oversupply will continue to dominate market fundamentals for quite some time, no matter how fast ships are scrapped. In a recent report, US-based Mcquilling Services noted that matters are only getting worse, as newbuilding tonnage continues to hit the water at a rapid pace, while

    Outlook is looking pretty bleak for tanker owners across the board, as tonnage oversupply will continue to dominate market fundamentals for quite some time, no matter how fast ships are scrapped. In a recent report, US-based Mcquilling Services noted that matters are only getting worse, as newbuilding tonnage continues to hit the water at a rapid pace, while

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