🚤 Longer Routes Tighten Supertanker Supply A US Gulf-China supertanker voyage was assessed above $35

🚤 Longer Routes Tighten Supertanker Supply

A US Gulf-China supertanker voyage was assessed above $35 million on 11 September. Longer routes and ship-to-ship transfers keep vessels occupied, reducing availability for the next cargo.

China’s August crude imports were 23.4% lower year on year, while refined-fuel exports were about 13% higher. Kpler estimated onshore crude stocks fell by 550,000 barrels a day.

Stocks can defer purchases but do not guarantee cheap delivery when China replenishes them. Imports could rise while tankers remain tied up, increasing shipping demand without an empty-tank emergency.

Watch September arrivals and inventories together. Higher imports alone cannot show whether China is rebuilding stocks or processing more oil.

✔️ @venture