Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage

Capt. John

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions cut availability of tankers, three traders said and data showed.

Author: Capt. John

https://gcaptain.com/russian-oil-freight-rates-soar-on-sanctions-driven-tanker-shortage/

Leave a Comment