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Tankers Falling 42% as Japan Weakens Most Since
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Posted On: 02/27/2012 10:16:19 PM
Posted By:
junewong
Tankers Falling 42% as Japan Weakens Most Since Tsunami: Freight
The largest drop in Japanese oil consumption since last year’s earthquake and tsunami may cause tanker rates to plunge 42 percent next quarter, threatening the biggest rally in shares of shipping companies since 2005.
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