New waves in freight, part I: USGC-Brazil route emerges as barometer for tanker market

clean products fixtures and tonnage trend USGC-Brazil and USGC-UKC

Shifting oil product trade flows have implications for the way the market assigns value to tanker routes. In a two-part series, S&P Global Platts shipping editors look at the impact of new trends in fuel demand and supply on both sides of the Atlantic.

Trans-Atlantic product tradeflows are losing market share to Latin American-bound voyages amid rising Middle East refining capacity and diesel exports to Europe. Brazil is the second-largest petroleum products import market in the Americas, with...

https://blogs.platts.com/2020/08/06/tanker-market-freight-usgc-brazil/

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