Tanker shipping: Temporary shocks provide little support for desperate tanker market

A recent small and short spike in oil product tankers shows just how far the tanker market still has left to go on its recovery journey. LR2 earnings rose to USD 26,823 dollars per day on 26 March as the Suez Canal blockage sparked fears of reduced available tanker shipping capacity in the key export …

The post Tanker shipping: Temporary shocks provide little support for desperate tanker market first appeared on Hellenic Shipping News Worldwide.

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