Brexit could be positive for product tankers: Poten

The UK’s decision to leave the European Union (EU) could have a positive impact on the tanker market, particularly product tankers, says Poten.

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“One area where Brexit could have an impact on the tanker market is the movement of oil products between the UK and EU countries,” the US shipbroker said.

The UK’s exports of crude to the EU have been in decline over the last decade, primarily as a result of the decline in crude oil production and exports.

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