Commodity trader Trafigura is shipping this month a second newly built crude tan...
SINGAPORE - Commodity trader Trafigura is shipping this month a second newly built crude tanker with Asian gasoline onboard to South America amid strong demand in the West, four industry sources who closely monitor petrol trade flows said on Thursday.
Although it is not uncommon for traders to use a brand new crude tanker of 150,000 deadweight tonnage to ship clean fuels such as diesel, it is rare to use them for gasoline because of the sheer size. Ship tracking data from Refinitiv shows the ‘Marlin Seoul’ vessel is en route to Balboa in Panama from South Korea.
The ship is owned by Trafigura and is carrying more than 900,000 barrels of gasoline, one of the four sources said.
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