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Tanker market report dated 7 May 2020

11 May 2020

In recent weeks reports about floating storage have featured in the international press. In the 2nd half of April Reuters reported that oil held in tanker floating storage reached at least 160 millio barrels, including 60 VLCCs, up massively from levels witnessed just a couple of months ago. The weekly tanker market report by Gibson Shipbrokers.