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Finding Pockets of Opportunity – Concordia as Latest Interloper

Historically, vegoils and chemicals have practically been inseparable, with the former being a favorite backhaul of the chemical shippers. With their IMO I and II coatings, including stainless steel, and individual pumps, cleaning the tanks on chemical carriers was an easy task allowing the safe carriage of vegoils with the prior cargo being of minimal concern in the majority of cases. Subsequently, product carriers entered the trade having been constructed to carry both IMO II and III cargos, mainly simple chemicals and vegoils.

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Written by: | Categories: Freshly Minted, Market Commentary | September 1st, 2011 |

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