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    Tanker rates take a new dive this week

    January 27, 2013
    SeaNews
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    Tanker rates take a new dive this week
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    Tanker owners have seen rates for the hiring of their vessels take a further dive this week, as limited demand, together with the usual oversupply issues, continued to plague earnings. According to the latest weekly report from Poten&Partners, "indicators for macroeconomic growth coming out of China have been conversely upbeat. It is not clear that such metrics are indicative of a sustained pick...

    Tanker owners have seen rates for the hiring of their vessels take a further dive this week, as limited demand, together with the usual oversupply issues, continued to plague earnings. According to the latest weekly report from Poten&Partners, "indicators for macroeconomic growth coming out of China have been conversely upbeat. It is not clear that such metrics are indicative of a sustained pick...

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