China’s ports are clogged with oil carriers

Capt. John

There is so much oil in floating storage in China’s ports that they can’t even bring it all onshore. There are 50 million barrels on ships filled with crude, according to a report by ClipperData, and that is up from the normal 10 million barrels stored in that way on average. “This increase is less...

https://www.hellenicshippingnews.com/chinas-ports-are-clogged-with-oil-carriers/

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