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Russian Clean Product Tonne Miles at Record

OIL PRODUCTS

Clean petroleum product (CPP) tanker tonne-miles out of Russia are at record highs for the week ending 19 Feb according to Vortexa.

  • The incremental rise in tonne-mile demand is predominantly driven by the reshuffling of diesel trade flows.
  • The increased tonne-miles, voyage length and pivot towards more ship-to-ship locations is a common theme for both Russian CPP and crude exports.

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