Tanker vessels take center stage

The tanker freight market has suffered from oversupply issues during the past few months,  thus offsetting the factor of improved oil demand compared to the previous year. Among the leaders in tanker investments have been Chinese ship owners, as the Asian powerhouse continues to invest in vessels, in a strategic attempt to reaffirm its status as a major ship owning and maritime nation, which in turn can yield significant results in terms of lowering or at least having a word in sea transportation costs.
[Read More]
Source: Hellenic Shipping News