Lloyd’s List: Chevron Refinery Fire Set to Benefit US Gulf Product Tankers

“Product tankers in the US Gulf stand to benefit from the fire at Chevron’s refinery in Richmond, California, according to a report by US-based shipbrokers Poten & Partners. The blaze last week has wiped out 12% of the state’s crude distillation capacity, which could lead to a reduction of exports from the refinery to the west coasts of Mexico and South America. MR product tankers in the US Gulf would likely step in to meet the demand, said the analysts at Poten”