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April 3, 2020
Tankers: The rock solid tank market continues the positive trend. The rates are both three and four times the cash breakeven in all major tank segments and generated huge cash flows for the shipowners. This is a combination of a tighter fleet, several vessels that are tied to longer contracts and high demand for floating...
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Tankers: It has been a much quieter week than the record rates we saw the week before in the VLCC and Suezmax segment. The rates from the Arabian Gulf to Asia continue to have a solid trend, while earnings on the routes to West Africa and Brazil have fallen significantly. Although interest rates have fallen...
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