- Red Sea crisis, Russia sanctions support freight.
- Product tankers supply rises on cleaning up.
- Fleet expansion remains slow.
Global tankers’ freight may rebound after winter demand sets in, coming out of the current weak phase amid slower refinery runs while diverging trends in clean and dirty tankers are no longer sustaining, analysts and market participants across Asia and Europe said on Aug. 11, reports Platts.
Decline in clean tankers’ freightSeveral factors are pulling the market in...
https://mfame.guru/global-tankers-freight-likely-to-bounce-back-on-winter-demand/