Tanker Rates Rise As Global Shippers Scramble To Reroute Ships Around Africa
Zero Hedge, 24 March, 2021 Update (1315ET): Bloomberg has published more details on the push for global shippers to divert ships around Africa. Torm, a Danish owner of tankers, said its customers have asked about the cost of options to divert. BBG said the diversions are being considered as markets on everything from oil to feedstock to refined petrochemicals are being impacted by what’s now being widely referred to as the “Suez crisis.” Torm A/S, a Danish owner of tankers,…