Record-breaking tanker rates pile pressure on already high fuel prices
Oil tanker markets sit at the centre of geopolitical turmoil, and this year that has translated into record-breaking freight rates as the conflict in the Middle East drags on. Tankers have been caught up in sanctions regimes and repeatedly targeted in key shipping lanes, including the Strait of Hormuz, Bab al-Mandeb and the Gulf of ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.