Tankers freight seen weak in Q3 as supply weighs

The global tanker markets are likely to stay weak in the third quarter due to the significant slowdown in trade flows, which will take several months, if not years, to recover, market participants said. Freights are already low, and earnings have dissipated and unlikely to recover anytime soon, market participants said. The slowdown in demand …

The post Tankers freight seen weak in Q3 as supply weighs first appeared on Hellenic Shipping News Worldwide.

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