Tanker market report dated 29 June 2018

It’s not unusual for newbuild crude tankers to carry clean cargoes on their maiden voyage. However, with the crude tanker market in a depressed state of late, charterers have sought to take advantage to secure competitive freight costs on product flows from East to West.

The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

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