Why oil tanker rates are surging again this Wednesday
Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased, ...
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US Hardens Sanction on Russian Oils, Shoring Up Tanker Freights Sharply; Mideast-China Routes Swell ~40%
SINOPEC CORP (00386.HK)'s trading arm, Unipec, chartered a number of supertankers last Friday (10th), shoring up the freight rate sharply for each VLCC carrying 2 million barrels of crude oil, report ...
Supertanker shipping rates surge after U.S. sanctions hit availability
Freight rates for Very Large Crude Carriers have surged after the Biden administration expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other ...
Rigzone20d
First Supertanker to Be Scrapped in 2 Years Is a Dark Ship
Image by TanyaJoy via iStock The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker ... 60 million barrels’ worth of shipping capacity ...
Supply Chain21d
First Supertanker to Be Scrapped in Two Years Is a Dark Ship
The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker to be registered ... At least 60 million barrels’ worth of shipping capacity across more ...