Commodities 2023: Tonnage dislocation to prolong freight volatility to Americas clean tankers

The Americas clean tanker market is poised for an uncertain 2023, with freight volatility exacerbated by the ongoing displacement of distillates amid the Russia-Ukraine conflict, fueling global economic turmoil and deepening tonnage dislocation. Since the onset of the Russian invasion of Ukraine on Feb. 24, Americas clean tanker freight has seen grandiose swings, once rising as fast as 45% in…