Shipping & Ports
US Refinery Maintenance Trends Diverge From Historical Patterns: Gibson
Gibson Shipbrokers reports that the upcoming peak in US refinery maintenance may affect freight markets differently compared to historic trends.
US refinery maintenance schedules typically reach their highest levels during October, according to a market report from Gibson Shipbrokers Ltd.
This seasonal turnaround period has historically exerted downward pressure on freight markets as refinery throughput declines.
However, the shipbroker indicates that prevailing conditions this year appear poised to deviate from the established seasonal trend.
Source attribution
This report was written by the Global Freight editorial desk based on material published by Hellenic Shipping News Worldwide. It is an original summary and analysis, not a reproduction of the source text. Figures and claims are limited to those present in the source material.
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