Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war level
- Posted on October 7, 2026
- By CNBC
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- 1 min read
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Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war level
Shipping costs have exploded as the war in the Persian Gulf has led to a shortage of available tankers.