Product tankers set new ten-year record

Product tankers are currently sailing longer distances than in the past ten years, according to new numbers from Clarksons Platou. Growth in ton/mile for the first nine months of the year increased seven percent to, climbing to a ten-year high.
Photo: Hafnia Tankers
Photo: Hafnia Tankers
BY KATRINE GRØNVALD RAUN

The vessels in global product tanker fleet are sailing longer distances these days, according to a new analysis from Clarksons Platou. In the first nine months of the year, growth in the so-called ton/mile - namely how far the ships need to sail - has increased seven percent to the highest level since 2005, thus the highest level in ten years.

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