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Tanker Shipping: Freight Rates Drop As Strong Seasonality Fades And High Fleet Growth And Coronavirus Uncertainty Hits

Demand drivers and freight rates Strong winter demand is fading away and has been reflected in falling freight rates. However, because charters are often fixed months in advance, ships with contracts from Q4 2019 are still earning high rates. Moving in…

Tanker Shipping: Freight Rates Drop As Strong Seasonality Fades And High Fleet Growth And Coronavirus Uncertainty Hits Read More »