Timothy Cosulich of Fratelli Consulich says prices for modern, second-hand bunker tankers are set to soar in response to heightened demand from physical fuel suppliers in regions like Africa, Singapore and other regions in Asia.
“Most suppliers are now re-evaluating their fleet mix in order to be able to address the needs of different types of clients with varying enquiries size,” the Genoa-based executive told TradeWinds in an interview Thursday.
“This