Black Sea Drone Strikes Send CPC Tanker Rates to $400,000 a Day
9 Articles
9 Articles
Black Sea Oil Tanker Rates Surge to Record on Drones Barrage
Freight costs for oil tankers shipping crude from the Black Sea to the Mediterranean have risen to a record after a flurry of drone attacks, driving down prices for Kazakhstan’s main CPC export grade.
This was stated by the President of the Association of Ports of Ukraine “Ukrport” Dmitry Barinov in the project “Now the main thing” on Espreso. According to him, the current situation is significantly different from the naval blockade that Russia arranged at the beginning of the full-scale invasion.This is a very serious situation and it is different from the blockade in 2022 by the fact that the Russians hunt purely civilian vessels under fore…
More than 35 merchant ships were attacked in the Black Sea during July
More than 35 merchant ships were attacked in the Black Sea during July, during which 23 seafarers were killed, British shipping newspaper Lloyd’s List reported late Tuesday. Citing the Turkish seafarers’ union Deniz Iscileri, the newspaper said that if confirmed, the figure would make July 2026 the deadliest month for merchant mariners since the outbreak of the Russia-Ukraine conflict in February 2022, although the casualties could not be indepe…
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