As per BIMCO, the crude oil tanker market is predicted to develop robustly during 2016 c
onsidering the 4.3 per cent of increase in the projected fleet following the fast trend of orders during the last few months of 2015 (35 million DWT ordered). Seeing that most of the new tankers will be delivered during the second half of 2016 and considering a possible quiet trend in demolition activity, the market would appreciate higher rates. Nonetheless, with the considerable capacity of crude oil pouring into stockpile around the world, the high rate trend would be for a limited period.
Boost in Crude Oil Tanker Market
ABOUT OUR COMPANY
Milky Way Logistics was found to make a mark in London’s Freight Forwarding industry. Milky Way Logistics started its operations in London to/from all the major cities in Europe with the aim to offer supreme logistics services.
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Milky Way Logistics Ltd.
Email: [email protected]
Phone: 020 7971 7888
Fax: +44 203 598 6304
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The Gherkin, 30 St. Mary Axe
London, England EC3A 8BF