Tanker

Concordia CEO hopes global oil inventories need replenishment soon

Oil reserves in OECD nations are now so low that replenishments must be necessary very soon, says CEO of Concordia Maritime Kim Ullman to ShippingWatch. He is impatiently waiting for OPEC to let the oil flow, enabling his tankers to earn money again.
Photo: PR/Concordia Maritime
Photo: PR/Concordia Maritime
by JENS THOMSEN

How long will the global economy be able to keep the wheels in motion before the world's dwindling oil inventories will need to be replenished?

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