Global tanker fleet is growing, adding pressure to freights rates says BIMCO

Fri, 17 Feb 2012 00:00:27 GMT

Should the lack of ice and hard winter conditions in the relevant sea areas prevail, BIMCO expects that the freight rates in the crude oil segments will settle around $10,000-20,000 per day. "By mid-February, ice conditions normally don’t get any worse – so by that time a firmer picture should have developed. The interval is rather wide – but necessary as the factors currently holding up rates are...

Hellenic Shipping News Worldwide, Global tanker fleet is growing, adding pressure to freights rates says BIMCO

Global tanker fleet is growing, adding pressure to freights rates says BIMCO