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International Tankers and Gas

Failing tanker charters dubbed an industry ‘disgrace’

Oil traders and companies worldwide have been taking advantage of the period in which it takes to finalise a deal to renegotiate a lower rate if volatile indices drop sharply over this period

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Many owners of tanker tonnage are contemplating publishing a list that names and shames those charterers exploiting the time lapse between agreeing a charter and it being finalised

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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