Lloyd’s List: US Gulf Product Tankers’ Earnings Dip Below $1,000 Per Day

“This route is also being hit by cargoes coming from Canada, which has become the main supplier of distillates to the US Atlantic coast, according to US broker Poten & Partners. ‘This development has become more pronounced with the push to rebuild inventories after Hurricane Sandy, increasing demand for shorthaul voyages ex-Canada to the US Atlantic coast,’ said the analysts at Poten.”