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Finance & Markets

Crude Tanker Rates Reach Record Levels

Clarksons Research, the data and intelligence arm of the Clarksons Group, have reported all-time highs for crude transportation costs following further disruption in the Middle East Gulf region. Reviewing the all-time high rates for crude tankers, Steve Gordon, Global Head of Clarksons Research, commented: • Crude tanker rates hit all-time highs on Friday 12th September, ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

More in Finance & Markets

LNG Bunker Snapshot: ARA price soars as European gas supply risks mount

Weekly changes in LNG bunker prices: ARA up by $178/mt to $1,607/mt Singapore up by $48/mt to $1,537/mt Baltics up by $179/mt to $1,713/mt ARA Rotterdam’s LNG bunker price has surged, tracking a sharp…

  • ARA LNG price surges to $1,607 per mt due to European supply risks
  • US-Iran tensions and Hormuz Strait disruptions drive price increase
  • Dutch TTF contract rises 13% to $28.50 per MMBtu, amplifying LNG costs

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