Good news for refined product tankers: Those “cannibals” over in the crude business have temporarily stopped feasting on their cargoes.
Some tankers are specifically designed with coated tanks to switch between crude oil and refined products like gasoline and diesel. But even uncoated crude tankers can carry products if they’re brand new on their maiden voyage out of an Asian shipyard.
That is exactly what they’ve done in 2021, more so than ever before.
Newly delivered crude tankers in the VLCC...
https://www.freightwaves.com/news/gobbling-up-cargo-how-crude-tankers-cannibalized-product-tankers