The tanker market has kept its weak footing during the course of the first three months of the year, as oversupply issues have continued to plague the market. One of the largest tanker owner, Frontline issued its three month results yesterday, noting that the market rate for a VLCC trading on a standard 'TD3' voyage
WORLD SHIPPING
07 June 2013 - 00:00
Crude tanker markets remain weak, as prominent ship owners predicts a further two year demise
The tanker market has kept its weak footing during the course of the first three months of the year, as oversupply issues have continued to plague the market. One of the largest tanker owner, Frontline issued its three month results yesterday, noting that the market rate for a VLCC trading on a standard 'TD3' voyage
WORLD SHIPPING
07 June 2013 - 00:00
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