Speaking at this year’s Connecticut Maritime Association annual gathering, the head of tanker research at ICAP Shipping, Simon Newman, said the market had a comprehensive plan to deal with any potential disruptions to supply. “Saudi has said it is happy to keep pumping oil as long as there is demand, so effectively we can offset that concern in general. The only worry in that respect is if you are eating away at spare capacity – which again is not a problem as long as there is....

Please login to read the rest of this story

Or click here to subscribe:

<< back