Product Power (Outage?): 2010 Top Clean Charterers

An analysis of world-wide clean tanker spot fixture volume in 2010 characterizes a sobering picture of developed-world economic health. A significant 8.3% contraction in total reported fixtures from 2009 marks a downturn from what had seemed to be a market on the mend from the depths of the 2008 financial crisis. Although many pundits point to a rapidly-growing eastern demand for tonnage in crude tanker markets as reason for optimism, nearly all market participants are left scratching their heads looking for any similar signs of optimism in the product shipping market. <br /><br /> Download here