Tue, 03 Oct 2023 21:00:58 +0000
The ongoing global push for decarbonisation, switch towards cleaner fuel, expanding fleet of EVs and rising fuel efficiency of vehicles are likely to decelerate the oil demand in the coming years, hampering the prospects of growth in the tanker market. Moreover, the upcoming oil refineries in key crude oil-producing countries will hurt the oil trade, …
Full article: https://www.hellenicshippingnews.com/game-changing-refineries-poised-to-reshape-the-tanker-market/