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The summer doldrums are here for oil supertankers.
Freight rates on the benchmark route from the Middle East to Asia have slipped to their lowest levels since March, meaning lower earnings for those vessels, Baltic Exchange data show. At the same time, ship-fuel costs have jumped.
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August 12, 2021 at 06:01PM
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Oil Supertankers in Doldrums With Bunker-Fuel Costs High - Bloomberg
"fuel" - Google News
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