TradeWinds News: VLCCs to benefit from China crude imports returning to growth, says Poten
July 25, 2022
VLCCs look set to benefit from a resumption in the growth of Chinese crude imports, which in the decade prior to the Covid pandemic had an average annual growth rate of 9.5%.
The outlook for Chinese imports in the second half of 2022 and into 2023 is “quite positive”, according to the latest report from Poten & Partners.
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