LNG tanker rates surge to $200,000 amid Iran conflict and Qatar’s production shutdown, doubling in less than a day.

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LNG tanker day rates in the Atlantic Basin surged above $200K as Qatar halts output amid Middle East conflict.

Provisional rates to hire a tanker to carry oil from the Middle East to China have more than doubled since Friday due to the war in the Middle East and an increasingly tight supply of vessels.

On 26 February, a composite of three VLCC routes in the Baltic Tanker Index (BTI), came in at just under $169,000 per day, ...

Clarksons counts 112 crude oil tankers inside the Persian Gulf as arrivals drop 80%; operators report standstill transits and ...

The major Greek owner emphasised elevated VLCC and Suezmax rates, while highlighting the challenges of replacing Middle East supply ...

Freight markets spiral as LNG tanker rates top $200,000 a day and VLCC costs hit records amid fears of disruption in the Strait of Hormuz ...

Supertanker rates for shipping crude oil have soared to a six-year high, driven by increased Indian demand for Middle Eastern crude and a rush by traders to preempt a potential military conflict ...

An exchange-traded fund that provides exposure to oil-tanker freight rates was soaring after the U.S. and Israel bombarded ...

Frontline Ltd. will report fourth-quarter results on Friday, February 27, with analysts expecting a sharp rebound in profitability following a disappointing third quarter. The crude tanker giant is ...

The surge in vessel rates followed Qatar’s shutdown of LNG production as the conflict with Iran began to spill across the ...