A different perspective According to owners of supertankers, the - TopicsExpress

A different perspective According to owners of supertankers, the need to keep oil on ships is increasing because Morgan Stanley and Evercore Partners Inc. have been expecting shipping rates to reach their highest point in six years. In the words of Frontline Ltd, Dynacom Tankers Management Ltd and Nippon Yusen Kaisha, NYK, (owners of 11% of the fleet) purchases are greatly exceeding their number as the global oil supply enlarges.

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