Fairplay: Chinese Unrest and Katrina’s Knock-on
“Fairplay quoted Poten research in this article on China’s skyrocketing demand and how Katrina may be the tipping point. “With other damage to pipelines and pumping stations, Poten & Partners suggests that 13% of refinery production has been halted. To make up the shortfall, Poten predicts a demand for five extra clean cargoes per day. No wonder clean tanker rates are firming fixture by fixture in the Atlantic basin.” says the article.”
