Crude oil tanker market grappling with ageing fleet, says Trafigura

The crude oil tanker market is grappling with an ageing fleet of vessels which need to be replaced, posing a challenge as shipyards are focused on building other types of ships, a top executive with commodity trader Trafigura said on Tuesday.

This article was originally published by Reuters on the 4 June 2024.

Read the full article: https://www.reuters.com/markets/commodities/crude-oil-tanker-market-grappling-with-ageing-fleet-says-trafigura-2024-06-04/

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