Don’t think the tanker industry is complacent - Ship Management International

Posted - Tuesday January 19, 2010 Ship Management International

While tanker shipping continues to deliver ever-improving performance, the tanker industry is definitely not complacent and is wedded to maintaining its aims to develop and adopt best practices in shipping through its commitment to continuous improvement, said INTERTANKO’s Managing Director Dr Peter Swift.

Against a backdrop of reduced demand for most ship types coming at a time of rapid growth in fleet supply, and consequentially lowered freight rates, the challenges for tanker owners today are particularly pressing, he told the IMarEST/RINA joint branch on the Isle of Man..

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