Revival of demolition sales could ease crude tanker pain

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Revival of demolition sales could ease crude tanker pain

Revival of demolition sales could ease crude tanker pain

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Post by Kevin Khorshid
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A rebirth of demolition sales of unrefined oil tankers could be nearby as well as bring much-needed alleviation to the market, which is experiencing a slump in incomes as a result of overcapacity, stated Peter Sand, primary shipping analyst at BIMCO in Denmark.