Iranās tanker fleet poses little threat to the VLCC market, oil supply cut agreement seems unlikely says shipbroker
Thereās a lot going on in the tanker market lately, but as it turns out, there are few parameters capable of altering the buoyant state of freight rates, despite recent correction. In its latest weekly report, shipbroker Charles R. Weber noted that āthe VLCC market commenced with a slower pace of activity ahead of a concerted progression into the secondādecade of the February program, which wasā¦
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