Tankers set for a rocky 2010
DESPITE rocketing tanker rates in the first month of 2010, the outlook for the rest of this year remains cloudy for tanker owners, the head of a US major tanker owner said.
Overseas Shipholding Group president and chief executive Morten Arntzen is cautious over the outlook for the market through to the end of 2010, but he expected tanker rates to remain strong this quarter, despite a large newbuilding orderbook and questions...
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