Diesel Cargo’s 22,000-Mile Odyssey in a Glutted Market
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An already strange diesel market just got a little bit weirder: a cargo of the fuel appears to be undertaking the final leg of what would be roughly a 22,000-mile voyage.
Back in May, the newly built supertanker CSSC Liao Ning left South Korea hauling a consignment of diesel-like fuel west. After a double U-turn in the Indian Ocean, where it briefly appeared the carrier might head back to Singapore, the ship eventually went to the Bahamas -- roughly 17,500 miles in all.