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Global tankers Q4 freight, earnings to rise as demand strengthens | Hellenic Shipping News Worldwide

Global tanker rates are likely to recover in the fourth quarter of 2021 as easing of coronavirus-related lockdowns pushes up demand amid declining imported stockpiles and rising energy prices, but slow scrapping and ample supply of ships will cap gains, market participants said. Asian VLCC freight is currently hovering around a nine-month high, having breached ...
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