After facing historically low dirty tanker freight in the third quarter, Teekay Tankers expects that Q4 will continue to bring a long-awaited rate rally to the market. But the impact of firming fundamentals will be subdued as global oil demand recovery remains volatile amid a global pandemic environment and as skyrocketing oil prices leave shipowner …
The post Dirty tanker rate relief set to come in Q4, but full recovery elusive: Teekay first appeared on Hellenic Shipping News Worldwide.