The week in charts: Floating storage demand facing ‘second wave’
Also, global seaborne container volumes continued to climb in July to a level nearly on par with the past year as transpacific rates reach new historic highs
The number of vessels being hired for floating storage could be about to jump again following reports of some significant charters by oil traders, as prices for crude hit a three-month low. Meanwhile, box lines continue to profit from renewed transpacific demand with freight rates reaching new historic highs
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