Tanker Rates Pain Prolonged as China Imports Pass U.S.: FreightIsaac Arnsdorf
The rout in rates for tankers that haul 20 percent of the world’s crude is poised to last another two years as China passes the U.S. as the world’s biggest oil importer, causing voyage durations to contract.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster
- Racist Outburst Prompts Faber’s Exit From Three Company Boards
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing