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Suezmax and Aframax
Latest From Suez and Aframax
Shipowners are less exposed to sanctions if they are not dealing with PDVSA directly, but there can be operational and legal risks
There are around 18 newbuilds to be delivered in the first quarter of 2019, with 10 in January alone
Geopolitical wildcards seen testing crude tanker market recovery
The new company will control 68 crude and product tankers and will be led by Diamond S’s management team
Weakest performer is forecast to be the Middle East Gulf-US Gulf VLCC trade amid rising US crude output
Net losses of suezmax specialist nearly double on year as earnings dip below breakeven level
Doomsaying persists amid depressed market conditions, but Opec and Russia may come to the rescue
The down cycle has turned out longer and deeper than originally thought amid oversupply of tonnage
Recurring scenes for both crude and product tanker owners as sanctions hit Iran trades, while booming LPG trade could also suffer a blow
Record crude runs in the third quarter could support freight earnings in the months ahead
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