Firm oil prices could raise mainstream tanker tonnage, dark fleet margins: d’Amico CFO

The Q3 increase in oil prices meant some tankers must stop carrying Russian barrels to avoid infringing G7-imposed price caps and while that will see more vessels return to mainstream trades it also offers higher margins for operations in the shadows, the CFO at tanker company d’Amico said. It was difficult to monitor what other parties in the supply chain…The Q3 increase in oil prices meant some tankers must stop carrying Russian barrels to avoid infringing G7-imposed price caps and while that will see more vessels return to mainstream trades it also offers higher margins for operations in the shadows, the CFO at tanker company d’Amico said. It was difficult to monitor what other parties in the supply chain…  Read More