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Gasoline Tankers Diverted From New York

OIL PRODUCTS

Tankers laden with gasoline and headed to New York have been diverted in recent weeks due to poor regional demand, according to Bloomberg.

  • Three cargoes have seen diversions from New York while carrying gasoline, Bloomberg said.
  • The Sea Caelum, carrying 37k mt of gasoline from Klaipeda was diverted from New York to Puerto Rico, according to Vortexa.
  • The Salacgriva, carrying 37k mt of gasoline from Sweden also changed its destination to Amsterdam.
  • The Torm Aslaug, similarly with 37k mt of gasoline from Saudi Arabia’s Jizan changed its destination to the Bahamas.
  • Weak demand and high supply, as refiners produce excess when trying to maximise diesel output.
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