All content in this website is sourced legitimately

Article Details
Tanker market outlook: India is a big player now
Apr 17:   What is the tanker market outlook for 2017-2021?
8India's rising demand for crude is playing a very important role in determining the projection outcomes in the long range and VLCC segments
8Supply disruptions also have a disproportionate impact on  India. To combat the decline in Nigerian production, for example, India increased its imports of both Iraqi and Iranian crude, which resulted in a 13.7% rise in tonne/mile demand for VLCCs engaged in this trade, while the West Africa/India sub-continent flow dropped by 14.6%.
8Then again, The Middle East, combined with India, contributed the highest amount of tonne/mile demand growth in 2016. This segment is going to continue to have a big global impact going ahead.
Click on Reports for more on what the future holds in store
 Details

**********************************

Back  |  Top
 
The content in this website is authentic and all information is sourced legitimately. The news we produce is collated through journalistic effort that is legal and legitimate. We carry no information that violates Indian law or is a breach of confidentiality in any form or manner.
Copyright 2018 www.indianpetroplus.com. All rights reserved