Seasonal factors have started to weigh into the tanker trades, as the winter season is now officially upon us. As a result, some tanker segments have been taking advantage of those factors, like for instance the Suezmax tankers, which were particularly fortunate as a result of weather conditions in the Turkish straits, among other factors. Still, as a new report from shipbrokers Gibson notes, despite the on-going rise in earnings in the last couple of months, the weakening market fundamentals indicate huge uncertainty in the long-term outlook.
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Source: Hellenic Shipping News
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