Tanker consolidation to favour first movers on green shipping
A shake-up in the tanker market looks imminent now that the transition to non-fossil energy sources has picked up pace even as the pandemic has forced investment cuts in oil and gas production. One tanker market veteran argued that those committed to sustainable shipping should be well-placed to ride out the coming wave of consolidation
The broader energy shipping industry ‘will become more sustainable’ but ‘in a consolidated manner’, says AET chief executive
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