Oil Tanker Rates: A Life-Long Challenge (Classic Reprint) - Hardcover

Zannetos, Zenon S.

 
9780666112972: Oil Tanker Rates: A Life-Long Challenge (Classic Reprint)

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Excerpt from Oil Tanker Rates: A Life-Long Challenge

One of the most striking aspects of the tanker markets in the late fifties is that these Operated in a manner approximating perfect competition. The concentration of ownership of tanker capacity in the relevant market the spot market was found to be very low to affect the efficiency of the markets.

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