VLCC Rates Spike as US Sanctions Bite

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia’s oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.Chinese and Indian refiners…

Capt. John
Author: Capt. John

https://www.marinelink.com/news/vlcc-rates-spike-us-sanctions-bite-521124

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