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International Tankers and Gas Political and Trade

Product tanker demand likely peaked as deviations slow

Torm chief executive cited 16% of clean-trading long range one tankers used for floating storage, 13% of LR2 vessels, and 10% of the medium-range tanker global fleet

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Torm chief executive Jacob Meldgaard estimates that about 12% of the product tanker fleet is tied up in floating storage

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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