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Thursday, October 15, 2026

First Olsen Sees Weak Tanker Market Through 1999

Maritime Activity Reports, Inc.

August 3, 1999

First Olsen Tankers Ltd. reportedly expects weak tanker markets to continue until the end of the year.
With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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Purchase of Ten Wharf Cranes for Wharves Nos. 5 and 6 at Barbours Cut Terminal and Wharf No. 1 at Bayport Container Terminal

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