Tanker hiring costs surge amid shipping threats
FROM THE PUBLISHER
The cost of hiring one very large crude carrier to move US oil to Asia topped $77 million, new data showed Wednesday, surging more than 700% from its 2025 average . The Baltic Exchange reported the staggering numbers as attacks on tankers rose across multiple theaters of war. One was struck off Qatar Wednesday, after a drone strike sunk an oil tanker off Russia’s Black Sea coast , and two tankers were targeted in Bulgaria’s…
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