The global oil-refining complex’s centre of gravity is moving dramatically eastward, which is causing a boom in the industry of building ships to transport fuel around the world, as reported by Bloomberg.
PandemicAccording to shipbroker Braemar, this year has seen one of the busiest first quarters since 2013 with orders for up to 38 mid-range tankers. According to shipbroker Simpson Spence Young, the total number of ships awarded international serial numbers this...
https://mfame.guru/fuel-tanker-demand-explodes-as-china-and-the-middle-east-process-more-crude/