Tanker market report 21 April 2023

Recently we wrote about the potential of onboard carbon capture and storage systems (CCS) as a means to decarbonise shipping. Whilst CCS technology could allow shipping to carry on burning cheaper fuels, and meet emerging environmental legislation, it also offers a new source of cargo demand for the industry, which could over time help offset lost demand from a declining trade for conventional hydrocarbon cargoes.

The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.


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