The tanker sector is facing a situation where there might not be enough ships to keep rerouting cargoes around South Africa.
That is the warning from Kuwait Petroleum Corp (KPC) chief executive Shaikh Nawaf al-Sabah.
Al-Sabah told CNBC: “One of the things I think we may be concerned about is if this continues for another six months, that we will not have perhaps the tanker fleet available to continue to go around.”
