Supertanker Charter From Gulf Coast to China Hits $76 Million as Tanker Supply Tightens
A charter for a very large crude carrier from the U.S. Gulf Coast to China has reportedly reached $76 million, about 10 times the pre-war level, underscoring how sharply shipping markets have tightened amid conflict in the Persian Gulf. The surge reflects a shortage of available tankers, longer voyage economics, and heightened risk premiums that are rippling through global energy trade.
