Gibson Tanker Market Report Xinde Marine News 2023-05-29 09:10

Rocky Road
In a recent tanker market report, we highlighted some of the current issues surrounding transit crude and crude pipelines; on that note, attention once again has turned to Canada’s Trans Mountain Extension project (TMX). Concerns have been raised that rising constructions costs and inflationary pressures related to labour shortages and material costs mean further investment in the region of C$9.1 billion is required this year to see the project come online in Q1 2024. This comes after a long running series of startup delays; as well as the Canadian federal government having to become financially involved and growing environmental concerns.  

Download the full report

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

Please Contact Us at:



Related Posts

World Maritime Day - 28 September 2023


Hong Kong Secretary for Transport and Logistics gains world stage to share local progress in logistic

Hong Kong Maritime Hub2023-09-28

INTERCARGO stresses its commitment to MARPOL on World Maritime Day

Xinde Marine News2023-09-28

SUMEC signed a contract for four new CROWN63 3.0 bulk carriers

Xinde Marine News Sarah Yu2023-09-27

Inmarsat Maritime Safety Report Highlights Importance Of Data And Collaboration In Tackling Persisten


Aframax values hover near historical highs

Xinde Marine News2023-09-27