Government, Business, Fuel, Logistics
Shipping Costs Are Soaring as LNG Vessels Drop Out of Service
The day rate for a standard tanker east of the Suez Canal jumped 57% in the week to Oct. 9, as issues related to U.S. sanctions on units of China’s COSCO Shipping Corp. start to hit just as the heating season begins to boost demand.
Anna Shiryaevskaya and Stephen Stapczynski | Bloomberg News
October 11, 2019Follow Us
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