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Tankers and Gas Asia Pacific

Paper trades suggest spot market is set for a fall

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SPOT rates are set to drop in the first quarter of next year for medium range and long range petroleum product tankers due to an oversupply of vessels in the Atlantic and Asia, according to tanker derivative brokers, writes Martyn Wingrove .

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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