Tanker rates are expected to bottom out in 2013 and flatten thereafter according to an analysis from DVB Bank. The analysis warns though that any increase in time charter rates won't be in the form of a steep spike, rather than a gradual process and in any case rates aren't expected to reach the high levels of 2007-2008 any time soon, regardless of the fundamentals of each specific sub-sector of t...
WORLD SHIPPING
14 January 2013 - 00:00
Crude tanker markets in 2013-2014 rely on scrapping activity to survive
Tanker rates are expected to bottom out in 2013 and flatten thereafter according to an analysis from DVB Bank. The analysis warns though that any increase in time charter rates won't be in the form of a steep spike, rather than a gradual process and in any case rates aren't expected to reach the high levels of 2007-2008 any time soon, regardless of the fundamentals of each specific sub-sector of t...
WORLD SHIPPING
14 January 2013 - 00:00
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