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Latest From Court Smith
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
Although LNG tanker growth has slowed, tonne-mile demand is still trending upwards
Newbuild prices have been rising along with new materials amid tightening space at yards
This month, handysize ships have been earning more than the larger capesize vessels, at about $10,000 per day compared with $8,300 per day