Bloomberg: Gasoline Shipping Demand To Stay ‘Strong’ On Storms

“In this article, Poten reports “ demand for tankers carrying refined products such as gasoline will stay ‘strong’ as the U.S. boosts fuel imports to cover a shortfall after Hurricane’s Katrina and Rita shut Gulf of Mexico refineries “. “ The one-two punch has put U.S. refining capacity down for the count, which will lead to a strong product carrier market that is not going to disappear anytime soon.”
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