Market Eye: Ditch the Tankers, Time for Tanks

摘要

Exports of refined products from the US are holding up against the coronavirus, but ship brokers and traders say it’s only a matter of time before refiners send more product into storage tanks rather than tankers. One ship broker said that recent weeks have seen loadings for clean tankers in the US Gulf Coast dip, but that is only in comparison to late February, when “loadings were stupid high.”