Oil Tanker Market In "State Of Panic" As Charter Rates Plunge, Cargoes Rejected

While everyone knows about the epic oversupply of dry bulk containerships as a result of the pre-bubble surge in charter rates (and subsequent collapse), which sent many shipping companies to an early bankruptcy or outright liquidation and also resulted in very depressed shipping rates for the last…

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Oil Tanker Market In "State Of Panic" As Charter Rates Plunge, Cargoes Rejected

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