VLCC Rates Hit Record $1.27 Million a Day as Oman Transfer Capacity Maxes Out

VLCC Rates Hit Record $1.27 Million a Day as Oman Transfer Capacity Maxes Out →

Capacity for ship-to-ship transfers of crude oil off the coast of Oman has reached its limits after Saudi Arabia diverted its flows from the port of Yanbu amid Houthi attacks, Reuters has reported, citing unnamed trading sources and analyst…