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Midsize crude, product tanker earnings boom on trade shifts: International Seaways

August 9, 2022 Comments Off

Earnings on voyages made by product and midsize crude tankers reached elevated levels in the second quarter of 2022, and are expected to remain steady to higher in the coming months as the market continues to grapple with energy security and the resulting trade-flow shifts, tanker owner International Seaways said Aug. 9. “Tanker fundamentals are anticipated to remain attractive, supported…