Scorpio Tankers president Robert Bugbee has sought to allay fears of aframaxes muscling in on the clean tanker trade.
And the US-based executive told a Fearnley Securities webinar that his company has instead been asked to “dirty up” product carriers to handle crude cargoes.
Bugbee said there was a fear in the market of a “real stoppage” to cargo flows arising from refining capacity and the ability to get refined products to the market.
