Subscribe to RSS feedTankers face economic and political threats
by
Michelle Wiese Bockmann, London
—
last modified
May 17, 2010 10:08 AM
THE GLOBAL tanker fleet faces “a very scary demand scenario” and a “fog of fundamentals” at the same time as the sector experienced a supply “bubble”, Clarkson Research head Martin Stopford said
The internationally followed expert in shipping economics said the tanker industry might be at the start of another 40-year supercycle and enter a protracted period of gloom after the five-year period of peak rates from 2003-2008 had ended.
Speaking at...
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