Thu, 11 Apr 2024 21:00:57 +0000

In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for EU tanker imports. Now, attacks on ships in the Red Sea area have caused average sailing distances to increase a further 16% and tonne mile demand to increase 12% …

 

Full article: https://www.hellenicshippingnews.com/eu-tanker-import-tonne-mile-demand-up-12-as-ships-avoid-red-sea-area/