As with the forecasts for VLCC and Suezmax demand, the Aframax dwt demand model has been revised in light of improved data. Demand has been revised down to 53.1m dwt in 2007, meaning y-o-y growth has also been revised down; it now stands at 5.7%. The forecast for growth in demand over 2008 has been revised upwards to 1.6%, meaning demand for tonnage is forecast at 54m dwt.
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