Supertanker Rates Hit Record $1.4 Million a Day
The oil crisis has extended into the shipping sector with a large tanker fleet tied up in ship-to-ship transfers outside the Strait of Hormuz, pushing global freight rates to record highs and reducing vessel availability for other routes. Supertanker rates have soared in recent weeks, and hit a rec

<p>The oil crisis has extended into the shipping sector with a large tanker fleet tied up in ship-to-ship transfers outside the Strait of Hormuz, pushing global freight rates to record highs and reducing vessel availability for other routes. Supertanker rates have soared in recent weeks, and hit a rec</p>