Some of the world’s largest oil supertankers are instead loading diesel in the latest sign of how Houthi attacks have shifted flows, Bloomberg said.

  • At least one VLCC with a capacity of 2m bbl is headed from the Middle East to Europe, while another is in process of loading, Kpler said.
  • At least five more are expected to switch from dirty to clean products, potentially loading up to 14m bbl on VLCCs.
  • This is the result of Houthi attacks on shipping routes which boosted earnings for smaller vessels hauling gasoline and diesel.
  • Large cargoes arriving in one go could create some volatility of supply, Bloomberg said.

OIL PRODUCTS: Oil Supertankers Get New Trades After Houthi Attacks

Last updated at:Jul-03 16:34By: Lawrence Toye

Some of the world’s largest oil supertankers are instead loading diesel in the latest sign of how Houthi attacks have shifted flows, Bloomberg said.

  • At least one VLCC with a capacity of 2m bbl is headed from the Middle East to Europe, while another is in process of loading, Kpler said.
  • At least five more are expected to switch from dirty to clean products, potentially loading up to 14m bbl on VLCCs.
  • This is the result of Houthi attacks on shipping routes which boosted earnings for smaller vessels hauling gasoline and diesel.
  • Large cargoes arriving in one go could create some volatility of supply, Bloomberg said.