ABU DHABI / WAM H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu …
Read More »Russia sanctions spur buying frenzy for ice-breaking oil tankers
Bloomberg The cost of oil tankers that can navigate icy waters has surged ahead of looming European Union sanctions on the export of Russian crude. Some ice-class Aframax vessels have recently been sold at between $31 million and $34 million, double the price compared with a year earlier, said shipbrokers. The bids for tankers have been aggressive and most …
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