The Goldilocks Tanker Market
24 Apr 2015: The market is not too hot, not too cold, but just right. The tanker market is off to a good start so far this year. Rates for crude and product tankers are up compared to the same period last year and 2013. While experiencing healthy rates and prices, the tanker market is not so volatile that it elicits irrational behavior. the level of newbuilding contracting so far this year is an indication of the new normal.
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