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Trafigura
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Middle East crisis sends tanker freight rates soaring; a supertanker chartered from the US to China costs $76 million, 10 times the pre-war rate.
Global shipping costs have surged due to the Middle East crisis, CNBC reported, citing sources. A supertanker was recently chartered to transport oil from the U.S. Gulf Coast to China for $76 million,
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Commodities trader Trafigura plans to float its supertanker arm Volare Shipping in Oslo, marking the business's first IPO
The move comes as the Gulf crisis drives tanker rates to record highs.
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Middle East crisis sends tanker freight rates soaring; a supertanker chartered from the US to China costs $76 million, 10 times the pre-war rate.
Global shipping costs have surged due to the Middle East crisis, CNBC reported, citing sources. A supertanker was recently chartered to transport oil from the U.S. Gulf Coast to China for $76 million,
-
Commodities trader Trafigura plans to float its supertanker arm Volare Shipping in Oslo, marking the business's first IPO
The move comes as the Gulf crisis drives tanker rates to record highs.
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Trafigura
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