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Bleak outlook for tanker shipping until the second half of 2021

According to analysts, a gloomy outlook is forecast for the tanker shipping market until the second half of 2021, when oil demand is expected to increase. For 2021, scheduled deliveries are more than double the 2020 numbers, and even though delays are expected with a pickup in scrapping this year, the outlook remains bleak.

Source: Seatrade-Maritime

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