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As Europe steps into spring having survived its first full winter without Russian diesel, the Continents fuel supply is once again disrupted. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
Since February, freight rates on the three key container shipping lanes has left the erratic up and down movements behind only to slide week after week.
After a rather disappointing period for most of the summer and autumn, US CPP exports to Europe may be poised to increase. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
This is a recording of a webinar which took place on 16 December 2021 about the use of wash water analysis as opposed to wall wash tests to ascertain tank cleanliness before commencement of loading operations in chemical tankers.
In 2023, the container market grew 0.2% year-on-year, ending at 173.8 million TEU. Compared to 2019, before the COVID pandemic hit, the market grew 1.5%. Container market growth has lagged behind overall economic development significantly, as the world economy has grown 10% since 2019.
Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of 2021 compared to 2020, with imports so far this year totalling 26.1m tonnes.
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