After a strong year of growth in crude imports in 2018, South East Asia looks set to take a breather this year, according to Clarksons Reseach.
Last year, the region was the second largest source of crude import growth globally behind China, despite only accounting for 8% global seaborne crude imports
However, Clarksons said trends in the year-to-date suggest that 2019 could see a “change of pace in the region’s crude imports”.