Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased, ...
This is equivalent to a 15% rise, bringing the cost to charter a supertanker on that route to ... slumped to $1.17 a barrel, from $4.69 on Jan. 9, before the sanctions were announced, LSEG data ...
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 ...
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 ...
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 ...
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 ...