Crude exports from the US to China are set to increase from next week as the world’s two largest economies plan to review their trade deal.
The resumption of this longhaul trade has come as China struggles to meet its import commitment, according to industry experts, but its impact on freight rates are expected to be moderate.
The 314,000-dwt (built 2012) Ilma is due to arrive at Corpus Christi in about a week from now to load 2.13m