Product Tanker Increased Newbuilding Deliveries For 2017 Could Keep Pressuring Freight Rates, As Demand Is Still Uncertain Says Shipbroker

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Product Tanker Increased Newbuilding Deliveries For 2017 Could Keep Pressuring Freight Rates, As Demand Is Still Uncertain Says Shipbroker

Product Tanker Increased Newbuilding Deliveries For 2017 Could Keep Pressuring Freight Rates, As Demand Is Still Uncertain Says Shipbroker

Post by Kevin Khorshid
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Newbuilding deliveries are bound to exert even more stress to the item vessel market freight prices claims Gibson in its newest once a week record. At the very same time, demand is difficult to forecast at this stage. According to Gibson, “it’s safe to say 2016 has been a difficult year for product tanker proprietors. 2015 benefited from new …