The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the ...
US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...
The new U.S. sanctions mean an estimated 35% of 669 shadow fleet tankers involved in shipping Russian, Venezuelan and Iranian oil have been hit with sanctions by either the U.S., the U.K. or ...
This is equivalent to a 15% rise, bringing the cost to charter a supertanker on that route to $4.1 million, said the second shipbroker. Supertanker rates on other routes have seen similar increase ...
(Bloomberg) — The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker to be registered for demolition in more than two years, a sign that increased ...
Short selling $65.80M; Ratio 22.739% 's trading arm, Unipec, chartered a number of supertankers last Friday (10th), shoring ...
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 ...