Gibson Tanker Report – Week 23,2021

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With the summer holiday season nearly upon us, attention turns to the state of the jet fuel market as it contends with the opposing forces of rising demand and ongoing Covid-19 travel restrictions. IATA estimates that global air traffic in March 2021 was down 87.8% compared to 2019 showing the extent of the pandemic on aviation.

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Source: Gibson Shipbrokers Ltd