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Latest From Court Smith
Demand for medium range tankers appears to be rising and we may see more periods of tight tonnage for long periods across a wider number of load locations
MR2 tankers are opting to head to Europe rather than the US Gulf coast in search of higher rates
Oversupply remains a significant headwind to tanker rates
The total tonne mile demand being created in the suezmax Russian crude oil export market is now almost on par with that of aframaxes
Meanwhile, a combined Samsung will remain a major competitor in the liquefied natural gas newbuild segment
The lower cost of secondhand tonnage and rising demand means feedermax vessels could make a smart asset play