Tanker market still in the red, Iran oil ban could have an effect in the long run

Sat, 4 Feb 2012 00:00:24 GMT

Tanker owners have to add another parameter in their plans for deploying their vessels, besides bunker costs, tonnage oversupply issues and such. The new development calls for the calculation of the recently announced European ban on imports of Iranian crude oil, expected to take effect at the beginning of July. The obvious consequence is the significant shift of crude oil routes.According to the ...

Hellenic Shipping News Worldwide, Tanker market still in the red, Iran oil ban could have an effect in the long run

Tanker market still in the red, Iran oil ban could have an effect in the long run