Spotlight

Automated feed of maritime events. Inferred signals may contain inaccuracies.
Back to Dashboard

← Back to Spotlight feed

Saudi Shipping Giant Rents Supertankers as Freight Costs Skyrocket

sanctions_shadow_enforcement UTC: 2026-02-25 16:30:00

Bahri, the national shipping carrier of the world’s top crude exporter, Saudi Arabia, has provisionally chartered at least five supertankers to ship oil to Asia amid soaring tanker rates not seen in six years. Bahri has hired at least five very large crude carriers (VLCCs), th...

Evidence & sources

Loading full event details...