http://www.tankeroperator.com/ViewNews.aspx?NewsID=11433
Over the
next 3 months, increasing oil supply at significantly lower prices in a
market with weak demand fundamentals should lead to an increase in
demand for floating storage, says Poten and Partners in its March 9 News
Brief.
"That is indeed happening. We are seeing several deals being
negotiated for short-term (6-12 months) charters, with one already
concluded. The fall in oil prices has made floating storage more
attractive, although the margins are still relatively thin."
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