Turkey - Freight tax
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The cutting of diplomatic ties with Qatar imposed by a number of Arab states with effect from 6 June 2017 has also impacted the operation of ships in the area due to the restrictions imposed.
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We forecast that the crude tanker market will end 2023 with cargo volume growth of between 0.5% and 1.5% but see tonne miles increase between 4.5% and 5.5%. Cargo volume growth is predicted to accelerate to between 2% and 3% in 2024 and moderate to between 1% and 2% in 2025. As sailing distances a... Please follow the link to continue reading.
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