Gibson tanker report – Freight Squeezes Naphtha Arb

AI Summary

A Middle East war has disrupted Asia’s naphtha market, where Gulf supplies normally account for more than half of imports. The report highlights freight costs as a constraint on the naphtha trade.

The war in the Middle East has upended Asia’s naphtha market. With the Gulf normally supplying over half of Asia’s imports, the March   Source: GIBSON SHIPBROKERS LTD