As gasoline imports into the United States were
traditionally met by European supply, the drop in demand
and falling imports into the United States are likely to
affect the transatlantic product trade. In contrast, exports
from the United States have increased – a relatively
new phenomenon – driven by the surplus created by
declining oil demand internally as well as by the growing
demand from developing America induced by the
region’s industrialization and infrastructure development
process. In the meantime, gasoline will increasingly be
shipped from Western Asia to the Far East and from
Africa to Europe (Danish Ship Finance, 2013).