Gibson - more USTR insights

Posted on the Chinese-built, port call fees last week here

Biggest take-away - six month delay in enforcement.

UK shipping broker Gibson offered more insight. Additional take-aways

  1. Final decision is still in flux
  2. Complexity of form and definitions – many foreign tanker companies have opted for leasing via Chinese financial entities
  3. Nice tabular data on % of Chinese-built tankers (current). Also mentioned, lots of existing orders 67% are from Chinese yards

As usual, data for some routes is helpful. Generally, owners making money - dirty tanker owners with better margins

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