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Tanker Market Should Take Note of China’s Climate Pledges

Tanker owners should be wary of China’s recent formal announcement, pledging its carbon neutrality goals, as they are bound to have an adverse effect on the country’s crude oil imports moving forward. In its latest weekly report, shipbroker Gibson said that “China’s announcement last month that it pledged to reach ‘carbon neutrality’ before 2060 could ...

The post Tanker Market Should Take Note of China’s Climate Pledges first appeared on Hellenic Shipping News Worldwide.

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Tanker owners should be wary of China’s recent formal announcement, pledging its carbon neutrality goals, as they are bound to have an adverse effect on the country’s crude oil imports moving forward. In its latest weekly report, shipbroker Gibson said that “China’s announcement last month that it pledged to reach ‘carbon neutrality’ before 2060 could ...

The post Tanker Market Should Take Note of China’s Climate Pledges first appeared on Hellenic Shipping News Worldwide.

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