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The week in charts: Libya offers tanker support as crude tonne-mile demand slumps

Number of new vessels to hit the water set to be higher in 2020 than last year, Asia-Europe container spot rates at highest level for a decade

The rapid growth in Libya’s oil exports since the resumption in October has provided some support for suezmax tankers in recent weeks, but crude tonne-mile demand from the Middle East Gulf is lagging behind the year-ago level. Meanwhile, the impact of the pandemic on vessel deliveries has not been as marked as once envisaged

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