Oil glut fuels demand for crude tankers as storage in boon for charter rates and Hong Kong shipowners

Oil glut fuels demand for crude tankers as storage in boon for charter rates and Hong Kong shipowners

South China Morning Post - Hong Kong·2020-04-07 11:30

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A price war in global oil market has led to overproduction, creating demand for tankers as floating storage facility

Demand has aided charter rates in a surprise lift for fleet owners in Hong Kong and elsewhere

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Read full article on South China Morning Post - Hong Kong

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