Dozens of aframax-sized tankers needed for clean floating storage peak
Volumes of clean products on stored on tankers are estimated to double by June based on shipbroker forecasts. Estimates of current clean floating storage levels range from 40m to 65m barrels, substantially less than crude oil volumes
Volumes held on tankers at sea could collectively total as much as 400m barrels at any peak, and products will take six to nine months to come ashore, according to Alphatanker