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Tankers Defer Retrofits to Cash In on Record Freight Rates

By Roslan Khasawneh SINGAPORE, Oct 18 (Reuters) – Tankers that had been scheduled to install emissions-cutting equipment ahead of stricter pollution standards starting in 2020 have deferred their visits to the dry docks to capitalise on an unexpected surge in freight rates, three trade sources said. U.S. sanctions on subsidiaries of vast Chinese shipping fleet […]

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