Trafigura expects more demand for clean tankers to continue, with 12% of its current very-large-crude-carrier (VLCC) fleet trading in the clean market, a company executive told the annual APPEC conference on Wednesday.

Andrea Olivi, global head of wet freight at Trafigura, also said he anticipates high shipyard expansion in China, with higher demand for product tankers but less for VLCCs.
Source: Reuters (Reporting by Jeslyn Lerh; Writing by Jacqueline Wong; Editing by Christopher Cushing)