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Do you know that cruise-ship freight price have gone up a lot

190 Published by admin 6月 14,2019

Do you know that cruise-ship freight price have gone up a lot

Two oil tankers were attacked in the gulf of Oman on June 13, the sindh maritime website reported.A ship is Kokuka Courageous by BSM ship management under administration (located in Singapore), the other is a Front Altair, transported separately by International Tanker Management (located in dubai)

Methanol and oil pass through the gulf of Oman and are hit.These two accidents affected the entire maritime transport industry.

The global shock on June 13 triggered a sharp rise in oil prices on Thursday.Brent crude, the global benchmark, rose 2.8 per cent to $61.66 a barrel and West Texas Intermediate futures rose 3.0 per cent to $52.70 a barrel by early us trading.

A broker in Singapore said shipping lines may not be prepared to take over shipments near the strait of hormuz because of heightened concerns about safety and rising premiums.

"We have one shiver of crude oil and three shippers of diesel but no vessels have come forward," said one senior broker.He added that he had not seen anything like this in years."After the second attack this year, the waters are considered dangerous.I have a tanker full of crude oil that is scheduled to sail today from Fujairah in the united Arab emirates to China, but the captain said it was too hot to go out."

Indeed, shipping insurance has increased in response to tensions in the region.Since the attack on the Saudi tanker in the waters of fujaira in early may, premiums have increased by 5 to 15 per cent, depending on the size of the tanker and the amount of cargo it carries, according to one shipowner.

Peter Sand, BIMCO's chief shipping analyst, said: "this could lead shipowners and operators to demand higher freight rates in the region as the risks are now real and very clear."

Sand said BIMCO advised members doing business in the area to "exercise extreme caution and instruct their vessels to take precautions".Depending on the company's risk tolerance and the extent to which its operations allow, he said, consider instructing ships to avoid the area or to stay as far away as possible.

"The cruise-ship freight price will be much higher for tankers," says Basil Karatzas, chief executive of Karatzas Marine Advisors in New York.With higher insurance rates and higher operating costs to cover additional claims, Mr. Karatzas said, "this could be a deja vu from the gulf war of the early 1990s, when oil tankers in the gulf were several times more profitable than the average market."

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