Lloyd’s List: Aframax Tankers Ordered as Market Remains Precariously Balanced

“US-based brokerage company Poten & Partners sees this versatility as key to recovery for aframax crude tankers in particular. The ability for there to be removals from the crude fleet to trade clean products enables the sector to ‘heal more rapidly’ than other large tankers, said Poten in a report released on Friday….’A disciplined lack of ordering and a continuation of high rates of scrapping could provide the underpinning of a rate recovery for the fleet,’ says the Poten report.”
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