Subscribe to RSS feedChinese tanker ban reduces single-hull options
by
Michelle Wiese Bockmann, London
—
last modified
Nov 19, 2009 02:41 PM
CHINA has confirmed that it will ban all single-hull tankers from January 1, further shrinking employment opportunities for the estimated fleet of 820 single-hull vessels.
The second largest importer of crude after the US in 2009, China is a significant but diminishing trading destination for single-hull tanker tonnage. Both Chinese-flagged and foreign tankers engaged in international trades will be denied entry to Chinese ports from...
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