Demand for transportation of crude oil and finished oil/chemicals will increase due to
(1) High anchor oil prices stimulate exploitation activities
and
(2) High oil refining margins will boost the operating capacity of factories. oil Filter.
Meanwhile, supply will still be tight due to
(1) the Russia-Ukraine war making shipping distances longer;
(2) the number of new shipbuilding orders is at a very low level
and
(3) shifting investment to LNG and LPG ships following the clean energy trend.
(1) High anchor oil prices stimulate exploitation activities
and
(2) High oil refining margins will boost the operating capacity of factories. oil Filter.
Meanwhile, supply will still be tight due to
(1) the Russia-Ukraine war making shipping distances longer;
(2) the number of new shipbuilding orders is at a very low level
and
(3) shifting investment to LNG and LPG ships following the clean energy trend.
