Aug 13:
2018 has been a horrible year for product tanker owners, with sale and leasebacks being necessary for many to provide a financial bridge to better times. 8Many are pinning their hopes on 2020; which, as we have written in the past is expected to be supportive for product tankers. 8However, many are also hoping that new refinery developments will offer a further boost to tonne mile demand, similar to what was seen from 2014-2016. Click on Reports for more