Tankers: Replacing Russian Crude Oil Could Prove a Tricky Proposition
The tanker market is bound to face another round of shifts in trade flows, with EU’s seaborne imports of Russian oil, effectively banned henceforth. The increased ton-mile demand though, could prove to be beneficial for many tanker owners. In its latest weekly report, shipbroker Intermodal noted that “Russia is the world’s third largest oil […]