2021 crude oil tanker demolition stalls as second-hand prices win
11 March 2021Despite low freight rates, very few crude oil tankers have been sent for demolition so far this year.
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Despite low freight rates, very few crude oil tankers have been sent for demolition so far this year.
China’s crude oil imports have doubled from 2011 to 2021 and now account for 20% of global seaborne crude oil volumes.
The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nation bodies like the International Maritime Organization (IMO), World Health Organization (WHO) and International Labour Organization (ILO). BIMCO provides the following update for this week ending Friday, 23rd July 2021.
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