Oil traders are scouting for newly built supertankers to store diesel for the next few months as they brace for lower demand in Europe amid renewed restrictions aimed at battling the COVID-19 pandemic, shipping and trade sources said. Trading companies, including oil majors, are making enquiries to charter very large crude carriers (VLCC) to carry …
The post Traders scout for supertankers to store diesel as virus spreads first appeared on Hellenic Shipping News Worldwide.