SEABORNE PRODUCTS TRADE SEEN INCREASING SHARPLY IN 1990-93

Drewry Shipping Consultants Ltd. predicts a 25% growth in world trade in refined products during 1990-93, with a resulting increase in demand for products tankers. Expansion well in excess of crude oil trade growth reflects the continued rise in refining capacity in oil exporting regions such as the Middle East and Africa. Seaborne trade in the main petroleum products rose by more than 5% in 1988 to 294.4 million tons. Shipments from the Middle East increased by more than 15 million metric

Mar 26th, 1990
In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Refining & Processing