Suez Canal oil tanker transits hit all-time high last month
A record number of tanker vessels made their way through the Suez Canal in May. This development is likely due to an increase in fleet activity as a result of higher tanker rates, writes Bimco. Meanwhile, a growing number of container liners currently opt for the route south of Africa instead.
A total of 485 oil tankers sailed through the Suez Canal in May 2020, setting a new record for the segment.
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Suez Canal loses business to new route south of Africa
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