Marine Link
Wednesday, September 28, 2016

Tanker Orders Will Not Be Cancelled

December 19, 2008

According to a report from Emirates Business 24/7, existing new-build programs in the tanker sector of the shipping industry are expected to go ahead with no fear of cancellations despite the current slowdown in the industry's performance, said a senior executive. While ship orders in other sectors have suffered from unprecedented cancellations due to financial constraints, the relatively stronger position of the tanker sector has helped to prevent a similar trend.

(Source: Emirates Business 24/7)



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