Sanctions effect begins: Crude tankers forced onto longer voyages

Tanker investors have been getting cold feet this winter. Spot rates are down sharply from November and stocks are off earlier highs. Yet the bullish tanker thesis — war-induced trade inefficiencies, post-COVID reopening, new vessel capacity that’s about to fall off a cliff — hasn’t changed.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.