IMO-class tankers which swung to product trading in 2Q20 due to high freight rates and floating storage requirements are unlikely to join the chemical trading fleet until 2021. IMO-class tankers are tankers with International Maritime Organisation (IMO) Certificate of Fitness (CoF), capable of carrying chemicals, vegoils and CPP. Chemical tankers require these certificates to transport …
The post Swing tankers unlikely to join chemical trading fleet until 2021 first appeared on Hellenic Shipping News Worldwide.