• 2018 September 5

    Tankers are looking for a safe harbor

    Global tanker market is having a tough time amid trade wars, excessive tonnage and reduction of oil production in OPEC+ countries. The situation can improve with introduction of tougher sulfur content requirements for marine fuel from 2020, increased demand for oil products and decrease of tonnage. In this case, Russia can become a “safe harbor” for the domestic tanker fleet.