Market Soundbite: Japan & the Clean Tanker Markets

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Japanese Yards Remain Solid Contenders in the Clean Tanker Markets

Japanese yards remain an important hub for clean product tanker orders, and are currently booked for 57 orders through the end of 2021. Domestic owners and trading houses make up a significant portion of these orders, but interest from foreign owners continues, as the yards remain competitive with other top tier builders in South Korea and China.

This “Market Soundbite” was kindly provided by Court Smith of Vessels Value

 

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