China decides the future for chemical tank carriers

China controls a big part of the global demand for chemicals, but the chemical superpower is becoming increasingly self-sufficient. This will impact chemical tanker operators, says major bank DVB in a new analysis.
Photo: Rederiforeningen
Photo: Rederiforeningen

Global developments in shale gas and China's development toward becoming increasingly self-sufficient in chemicals could change the entire landscape of the global petrochemical industry, thus impacting the chemical tank market, according to a new analysis by major bank DVB, which predicts a slow rebound for chemical tanker owners and operators.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading