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Tariff-hit Canada records rocketing seaborne crude oil exports after pipeline comes on-stream

TradeWinds · last updated

Canada’s seaborne crude oil exports have shot up by close to two-thirds over the last year as the country stares down 10% tariffs on its energy exports to the US.

According to Bimco statistics, the country’s Trans Mountain Pipeline has boosted export capacity on its west coast, pushing up crude tanker exports by 59% from last year, with 42% of total exports heading to East Asia.

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