The product tanker market has been outperforming its crude tanker counterpart, as fundamentals remain in the favor of ship owners. In its latest results' report, ship owner Capital Product Partners noted that "overall, product tanker spot earnings in the third quarter of 2013 were at levels higher than in the third quarter of 2012. Strong petroleum product exports
WORLD SHIPPING
02 November 2013 - 00:00
Product tankers are still "producing" for their owners, despite recent weakness
The product tanker market has been outperforming its crude tanker counterpart, as fundamentals remain in the favor of ship owners. In its latest results' report, ship owner Capital Product Partners noted that "overall, product tanker spot earnings in the third quarter of 2013 were at levels higher than in the third quarter of 2012. Strong petroleum product exports
WORLD SHIPPING
02 November 2013 - 00:00
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