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Impact of French oil sector workers' strike on tanker market limited

Posted On: May. 31, 2016 12:00 AM CST

U.S.-based brokerage firm Poten & Partners Inc. has said that the impact of French oil sector workers' strike on the tanker market is restricted, but growing, reported World Maritime News.

Around 38 oil tankers have been held up at the Fos-Lavera oil port in southern France, while 11 are stuck at the northern port of Le Havre, according to Reuters.

"As long as the conflict continues, the impact on the tanker market will be limited with a slightly negative bias," Poten & Partners said.

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