It is no secret that the big tankers have had a terrible last few years. But like the Grand National, it's about the long game.
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Many bunker surveyors do not realise that the density given in the supplier's bunker delivery note (BDN) may not be true.
Graypen is a leading independent ships agency company which specialises in the provision of high-quality port agency services to tanker vessels.
Stemming bunkers sooner rather than later could save money in the long run if issues continue in the Middle East.
However crude oil storage was said to be the priority, as throughput and revenue are higher.
Low oil prices could see the shipping industry generate higher profits in 2015, says Group Vice President.