Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Due to outside pressures like the environmentalist lobby or politicians, the need for tankers has changed constantly since the 1970s. Currently, the tanker freight rate
Due to outside pressures like the environmentalist lobby or politicians, the need for tankers has changed constantly since the 1970s. Currently, the tanker freight rate is influenced by political events, oil exploration, and oil substitution. Show how this incident affected the freight rate of tankers over time using an applicable example (Can be a specific year or several years).
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started