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Tankers and Gas Strait of Hormuz crisis Red Sea Risk

Tanker execs cite ‘unprecedented’ disruptions, rising complexity and safety risks

  • Crude and product tanker markets are now constantly changing in unpredictable ways, requiring increased focus on operational nimbleness
  • So far, lower cargo volumes have been offset by higher voyage distances and inefficiencies
  • Bifurcation of global trading fleet, which began with sanctions, is accelerating because different owners have different risk tolerances, and shipping threats are rising

  • Analysis

Tanker earnings season has begun and, unsurprisingly, the effects of geopolitical disruptions on freight markets are taking centre stage on conference calls

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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