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Navigating Turbulent Waters: Tanker Market Dynamics
This chapter explores the myriad factors influencing the tanker markets, including geopolitical tensions, recent disruptions in the Red Sea, and the aftereffects of sanctions related to the Ukraine conflict. It highlights the strategic shifts among tanker owners, the implications of seasonal fluctuations on shipping rates, and the complexities of navigating insurance challenges. Additionally, the chapter provides insights into the future of oil demand and supply consistency amidst changing global economic patterns and emerging technologies.