Uncertainty and anxiety are increasing on the tanker market after Saturday saw drones attacking and destroying two oil facilities of state-owned oil company Saudi Aramco, thereby halving Saudi Arabia's oil output.
The region around the Strait of Hormuz, and not least Iran and Saudi Arabia, has been at the center of conflicts and geopolitical unrest during recent months. This uncertanity is now on the rise, says Kim Ullman, chief executive at tanker company Concordia Maritime, which controls a fleet of 14 tanker vessels.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.