Tankers stuck at sea with North Sea crude cargoes as refinery demand weakens

Three ships have been awaiting orders for more than two weeks in unusual European and Asian markets

Crude from the Forties Pipeline is loaded on tankers at Hound Point. The terminal can handle vessels up to 350,000 dwt.
Crude from the Forties Pipeline is loaded on tankers at Hound Point. The terminal can handle vessels up to 350,000 dwt.Photo: Mat Fascione/Creative Commons
Published 29 May 2024, 07:01Updated 29 May 2024, 08:14
UKKplerAframax tankers