Global tanker freight to strengthen in 2025 on sanctions, offset by new ships

Global tankers’ freight is expected to be mostly higher in 2025 due to US sanctions and geopolitical disruptions, despite a ceasefire in Palestine. However, the gains will be capped by newbuild deliveries and the ability of dirty tankers to switch to clean and vice-versa in a much shorter duration than earlier. Recently, more than half …

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