Tanker Traffic

 According to a report by Lloyd’s List, there has been a drop in large oil tankers transiting the Suez Canal by in excess of 50% over the past three years.

The drop has been prompted by piracy attacks. The moves by owners to “go the long way round” has been “eroding owners’ daily earnings as they burn more bunker fuel to travel a longer”.


Previous Article
Next Article

Leave a Reply

Your email address will not be published. Required fields are marked *