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Tanker rates poised to remain low

Among a weak earnings environment in the spot tanker freight markets and low cargo counts, tanker earnings are poised to remain at low levels. According to the latest weekly report from Poten&Partners "VLCC liftings out of their primary loading zone in the Arabian Gulf have been on a decidedly negative growth trend for the past year, and actually contracted in three of the last four months. The ...

05 February 2013 - 00:00
Among a weak earnings environment in the spot tanker freight markets and low cargo counts, tanker earnings are poised to remain at low levels. According to the latest weekly report from Poten&Partners "VLCC liftings out of their primary loading zone in the Arabian Gulf have been on a decidedly negative growth trend for the past year, and actually contracted in three of the last four months. The ...
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