The number of oil tankers passing through the Suez Canal in October have seen a sharp 27% decline, as demand for oil transports has stayed subdued since the April crash in oil prices that fuelled high demand for oil tankers. A total of 3,708 oil tankers passed through this key chokepoint for global shipping between …
The post Oil tanker Suez Canal transits drop 27% Y-o-Y in October first appeared on Hellenic Shipping News Worldwide.