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New building market for tankers: Signs of revial?
Nov 03: The new building market for tankers saw a spate of orders recently, prompting analysts to believe that the market may well be in a revival mode.
8Last week a number of orders across S. Korean and Chinese yards came to light, with price details - where available - in line with average market prices.
8The majority of those orders include construction of optional vessels as well, evidence of the fact that those owners are very keen to lock in  current price levels for optional vessels as well.
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