Product Tankers: Clean Product Exports from the Middle East and China on the Rise

The product tanker market hasn’t seen the benefits of increased Middle East clean product exports, rate-wise. In its latest weekly report, shipbroker Gibson said that “this year has seen a major increase in the Middle East clean product exports to Europe, with flows, mainly gasoil and jet, averaging at 0.82mbd for the year to date, … Continue reading Product Tankers: Clean Product Exports from the Middle East and China on the Rise