Short-term pain promises long-term gainTaken from: Tanker Shipping & Trade April/May 2012
The long-predicted but delayed boost to tonne-mile demand seems finally to be moving closer, while excess capacity is set to ease. But before that healthy position is reached some product tanker owners and operators still have formidable financial obstacles to overcome. For those that survive the current financial pressures, have sufficient financial resources and can time their investments correctly, there could be some serious money to be made in the years ahead.
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