Teekay Tankers expects a sustained dirty tanker freight recovery in the fourth quarter and quarters ahead, as economic revival should buoy crude demand, in turn prompting increased crude production and ton-mile demand, company officials said Aug. 5. The anticipated recovery is hoped to be a U-turn from the second quarter, which marked the lowest dirty …
The post TANKERS: Teekay says rising crude production to buoy Q4 dirty tanker markets first appeared on Hellenic Shipping News Worldwide.