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Oil tanker hire costs are falling, but remain exceptionally high: Tracy Shuchart says a supertanker still costs about $45 million to book. Elevated freight rate

BWB News TV • 2026-11-09 18:26 UTC • By Billy Odell Tucker-Robinson
Oil tanker hire costs are falling, but remain exceptionally high: Tracy Shuchart says a supertanker still costs about $45 million to book. Elevated freight rate
Oil tanker hire costs are falling, but remain exceptionally high: Tracy Shuchart says a supertanker still costs about $45 million to book. Elevated freight rates could still support longer-distance crude trades despite the recent plunge.
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