Drewry: Lasting tanker rebound hinges on the US
Asian demand alone cannot sustain a long-term boom for tanker carriers. This will hinge on growth in US oil imports once shale gas extractions become unprofitable, notes Drewry.
BY OLE ANDERSEN
The tanker carriers' hopes for a sustained rebound depends to a large extent on a growing US import of crude oil as the extraction of shale gas in the US gradually ceases to be profitable.
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