Strait of Hormuz Tensions Drive 60% Surge in Tanker Rates ...Middle East

Tanker rates for the route via the Strait of Hormuz have doubled since Israel started bombing Iran last Friday, the Financial Times has reported, citing shipowners growing reluctance to sail through the chokepoint. The daily rate for a very large crude carrier chartered from the Gulf of China, for instance, has jumped from $19,998 last Thursday to over $47,600 this week, the publication noted, citing figures from Clarksons Research, a maritime analysis provider. The insurance sector is responding to the situation as well, raising premiums for vessels…

Read More Details
Finally We wish PressBee provided you with enough information of ( Strait of Hormuz Tensions Drive 60% Surge in Tanker Rates )

Also on site :

• Japan's Nippon seals controversial US Steel deal after Trump pact
• Segway Commercial réimagine la mobilité partagée avec des vélos électriques pilotés par l'IA et des flottes modulaires à Micromobility Europe 2025
• EDENA ANNOUNCES INDONESIA DIGITAL SECURITIES MARKET ENTRY