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‘Irresistible call’ for renewal of tanker fleet, says BRS

Strong crude oil and tanker asset values will prevail in 2024 with eco units favoured due to improved emissions profiles

The difficulties for ‘grey’ tankers to return to normal trading will create an irresistible call for the renewal of the tanker fleet, as it needs to become greener and catch up with previous levels of newbuilding contracting

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