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LNG tanker market hit by glut in vessels

Published Wed, Mar 12, 2014 · 10:00 PM
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[LONDON] Deliveries of new gas tankers have created a glut that is threatening to tip some operators into losses, just as other shipping markets emerge from their worst downturn in decades.

The liquefied natural gas (LNG) tanker market was until recently the only bright spot in the freight industry. A global surge in the demand for …

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