Chinese refiners are expected to take the global lead in the coming years, capacity-wise. This dominance could lead to new trade patterns in the crude tanker market. In its latest weekly report, shipbroker Gibson said that “the crude oil sector has experienced a devastating 12 months. The Covid-19 pandemic has decimated demand, and currently at …
The post A Shifting Refinery Landscape Could Lead to New Tanker Routes first appeared on Hellenic Shipping News Worldwide.