EU embargo on Russian oil could make tanker rates reach USD 250,000 per day
Clarksons Securities predicts enormous increases in freight rates for both tanker and product tanker when EU’s oil embargo on imports of Russian oil enters effect from February next year. Hafnia is also confident in a demand boost.
Freight rates on both crude oil and oil products could reach record heights when the European Union’s oil embargo on Russia becomes effective this winter, predicts Clarksons Securities in its weekly update.
CII: IMO’s new climate regulation, CII, is liable to undermine its own intentions, German carrier Oldendorff warns. CII fails to view situation in its entirety, which may lead to an increase in emissions.
CII: Although a new legal clause places the responsibility and bills for poor climate ratings with operators and carriers, this has not altered Seaspan’s negotiations with customers, the major shipowner tells ShippingWatch.