TradeWinds News: Transatlantic diesel tanker trade has some road to run yet despite green shifts, Poten says

September 4, 2024 The traditional transatlantic product tanker trade is still going strong despite a plunge in European diesel demand, US shipbroker Poten & Partners says. The arbitrage business has for many years been based on a shortage of diesel in Europe, but a surplus of petrol, with the opposite being true in the US. Poten head of research Erik Broekhuizen said this has been the basis for a lucrative triangulation of voyages for MR tankers in the main.

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