MSI: Tanker Market Entering Calmer Waters

After a year of tumultuous political and policy upheaval, both oil and tanker markets are undergoing a process of rebalancing, according to Maritime Strategies International (MSI).

MSI: Tanker Market Entering Calmer Waters

After a year of tumultuous political and policy upheaval, both oil and tanker markets are undergoing a process of rebalancing, according to Maritime Strategies International (MSI).

Challenging Tanker Market Impacts Sovcomflot’s Earnings

The Russian shipping major Sovcomflot has seen its net profit for the third quarter of 2016 drop by 36.2 percent to USD 52.1 million from USD 81.6 million reported in the same quarter a year earlier.