Benchmark freight rate for large crude oil carriers from Middle East to China jumped around 18% on Friday because of US sanctions on COSCO Shipping. It is the highest level since 9 months ago. This company is accused as it has been working with Iran! However some of these tankers are now loading US oil to destination of China and India (DaMingHu and CospearLake).

See also  Where does growth come from in 2019?

Leave a Reply

Your email address will not be published.

× Call Us on WhatsApp