Tanker boost from IMO 2020 undone by fleet growth, says BIMCO
Greater tanker demand expected ahead of IMO 2020 may be negated by strong fleet growth. Future earnings potential will also be hit by new contracting, BIMCO adds
Many new deliveries and a low number of demolitions add to crude fleet growth, which BIMCO expects will reach 5.3% this year, the highest since 2017
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