Fairplay: Return to Shipping Market Balance Predicted

“Balance, that essential factor in athletic performance, will return to shipping markets by the Rio de Janeiro Olympics, BIMCO predicted today. . . . Another cautious view came from Poten & Partners, the New York tanker broker, which warned recently that the value of five-year-old VLCCs could be hit if ECO-design vessels of the same type provide fuel savings the promoters of these vessels say they do.”