Sun, 10 May 2020 21:00:59 +0000
About 70 laden VLCCs remain stationary for at least 4 weeks, prove that the contango “play” in the crude tanker market is very much at play. In its latest weekly report, shipbroker Gibson said that “in recent weeks reports about floating storage have featured in the international press. In the 2nd half of April Reuters …
Full article: https://www.hellenicshippingnews.com/floating-tanker-flotilla-to-remain-in-play-as-conditions-favor-more-crude-storage/