LR2 rates hit levels last seen in Covid storage scramble lloydslist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lloydslist.com Daily Mail and Mail on Sunday newspapers.
Western embargoes on seaborne imports of Russian crude and refined products have upended traditional oil shipping routes and as a result, tanker rates have soared
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns. As a result of the European Union ban on Russian fuel that started on Feb. 5, tankers carrying clean oil products such as gasoline, diesel, jet fuel and naphtha are travelling between 16 and 18 days to bring Russian supplies to Brazil or U.S. cargoes to Europe.
Western curbs on Russian oil products redraw global shipping map theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns.As a result of the.