Tag: tanker rates

The rise in tanker freight costs comes as India’s crude import bill for Q1 has reached $63.37 bn, up 56% from a year earlier. (REUTERS/Representational)
Posted in Business

Rates for tankers to India rise by 150 percent as West Asia crisis escalates

Daily charter hire rates for tankers to India have more than doubled to $250,000 in about two weeks, as escalating hostilities in the Red Sea…

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