Tanker Market: Ships’ Prices Start to Follow Freight Market Rates to Lower Ground

Where there’s crisis, there’s also opportunity. As such, prices for tankers are starting to face further downward pressure, which could prove to be beneficial to cash-rich investors. In its latest weekly report, shipbroker Intermodal said that “the tanker market is undoubtedly passing one of its’ roughest times over the last years. T/C rates have fallen …