Riviera Maritime Media: Poten tanker demand analysis: surge in ultra-long voyages
February 9, 2021
Poten & Partners’ analysis of tanker trade routes reveals a 133% increase in tonne-mile demand on the ultra-long distance of sailing from the Scandinavia and Baltic load area to discharging in the China Sea (China, Taiwan, South Korea). Poten & Partners said the dramatic change was due to the impact of Covid-19 on European demand, leading to traders selling surplus into the recovering markets in the Far East.
To read the full article, click here.