Export disruptions increasingly hurting tanker demand

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“Tanker markets are facing mounting pressure as export disruptions continue to reduce seaborne volumes, while declining oil and product stocks increase the risk of higher oil prices, weaker economic growth and lower tanker demand,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. Although the Memorandum of Understanding (MoU) signed by the US and Iran on …

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