Global VLCC tracker: Arrivals into China and India plunge

摘要

London—Weekly VLCC landings in the three big Asian destinations—China, India, and Japan—fell for the week ended Wednesday, corresponding with a steep fall in tanker departures from OPEC’s largest producer Saudi Arabia, according to data from cFlow, S&P Global Platts trade flow software. The only two destinations in Asia which saw rises were South Korea and Taiwan, while flows from Iraq and Iran also rose. Arrivals in China halved to 12 from 24 the previous week, the lowest in six weeks, reflecting the likely impact of falling Chinese refinery runs have towards the end of the year.