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The available fleet capacity proves insufficient to meet the needs, said Russell Hardy, CEO of Vitol Group, the largest oil trader in the world, at a conference, adding that "prices are skyrocketing." #petrol #transportmaritim #economiebancara (translated)

Închirierea unui petrolier din SUA spre China depășește costul lansării unei rachete în spațiu
hotnews.ro

The cost of renting an oil tanker from the USA to China has risen so much that it now exceeds the cost of launching a rocket into space, reaching up to 80 million dollars, due to a global capacity shortage and the risks associated with traversing the Strait of Hormuz. #petrol #transportmaritim #economiebancara (translated)

Închirierea unui petrolier din SUA spre China depășește costul lansării unei rachete în spațiu