McQuilling: Chinese oil thirst drives tanker market
Global capacity at refineries in the Far East and other regions is rising, thus boosting the demand for crude oil. China in particular is a driver during an otherwise tough year for tanker carriers, writes McQuilling in a new update.
BY NIKLAS KRIGSLUND, SHIPPINGWATCH
Growing demand from refineries in the Far East is keeping crude tankers busy in 2016.
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