Oil Tanker Day Rates To Be Supported By The EU’s Ban On Russian Crude
December 10, 2022 at 08:30 AM EST
Over the past 12 months, global container shipping rates have steadily declined to their long-term averages as supply chain snarls have receded and backups at ports have disappeared. Now, another segment of the cargo shipping industry is seeing day rates explode to record highs. So-called dirty tankers, those that carry crude oil, are charging over $100,000 [...] The post Oil Tanker Day Rates To Be Supported By The EU’s Ban On Russian Crude appeared first on ETF Trends .