MR Tankers Focuses on Transaltantic Route To Boost Trade

Rotterdam-New York MR tankers
  • This higher demand may prolong the gains in earnings for medium-range tankers plying transatlantic trades, which have nearly doubled since early October.
  • European shipments to the U.S heading for the Atlantic coast accounted for about 465,000 tonnes monthly, or roughly 128,000 BPD, according to Eurostat data.
  • Diesel imports are not keeping up with demand, as refinery runs fall leading to inventories on the Atlantic coast shrinking.
  • Middle East refineries have compensated with increased...

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