Ports and Shipping - Product tankers in Asia to keep benefiting from Australian demand.
Byline: S. KAMAL HAYDER KAZMI
Product tankers and more specifically, MRs are to keep benefiting from increasing demand from Australia. In its latest weekly report, shipbroker said that "in recent years, Australia's refining sector has undergone a profound structural shift. Refinery rationalisation and Covid-19 related demand pressure led to the closure of several struggling refineries, following a prolonged downward trend. Recognising the implications for national security, the Australian Government intervened to keep the nation's two...
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