Word: naftiliaki
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...their pres-ent depressed levels well into 1972. By that time, enough tonnage will have been taken out of service, and the factors of supply and demand will settle into balance once again. In the meantime, more than a few shipowners grudgingly agree with the Greek shipping journal Naftiliaki, which cynically observes: "What the markets need at the moment is some political crisis that would send a shiver down the spines of charterers and leave them scurrying for any available tonnage...
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